Bessent warns of ‘devastating’ consequences if tax cuts lapse
1 day ago · Bessent defended the expiring tax cuts in his opening remarks, saying the country was “barreling toward an economic crisis” if the tax breaks expire at the end of the year. In a hat tip to ...
Trump's US Treasury pick Bessent says extending tax cuts a top …
1 day ago · Scott Bessent, U.S. President-elect Donald Trump's choice to head the Treasury Department, on Thursday said that extending Trump's 2017 tax cuts that are set to expire at the end of this year is ...
Scott Bessent, Trump's Treasury Secretary pick, grilled on tax cuts ...
1 day ago · Scott Bessent, Trump's Treasury Secretary pick, grilled on tax cuts, tariffs Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's ...
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes …
2 days ago · Mr. Bessent called the extension of the 2017 tax cuts the “single most important economic issue of the day” and warned that failing to extend the tax cuts would represent the “largest tax ...
Scott Bessent, Treasury Secretary Nominee, Touts Tax Cuts for …
2 days ago · In 2025, the law is expected to deliver an average tax cut of more than $250,000 to the top 0.1 percent of earners, according to the Tax Policy Center, a nonpartisan think tank. In contrast, poor ...
Treasury Nominee Scott Bessent Warns of ... - CPA Practice Advisor
1 day ago · Bessent defended the expiring tax cuts in his opening remarks, saying the country was “barreling toward an economic crisis” if the tax breaks expire at the end of the year. In a hat tip to ...
Treasury secretary nominee Bessent favors tax cuts, China tariffs …
2 days ago · Bessent told the committee members the Trump tax cuts of 2017 are the "single most important economic issue of the day," NPR reported. "This is a pass-fail," Bessent said. "If we do not fix these ...
Bessent Says US Barreling to Crisis If Tax Cuts Not Extended
1 day ago · Treasury Secretary nominee Scott Bessent warned that the US faces an economic crisis that will hammer middle- and working-class people if the 2017 Republican tax cuts aren’t extended when a ...
Bessent Sees US Economic Crisis if Tax Cuts Not Extended
1 day ago · We must make permanent the 2017 tax, 2017 Tax Cuts and Jobs Act and implement new pro-growth policies to reduce the tax burden on American manufacturers, service workers and seniors.
Trump Treasury pick Scott Bessent to prioritize tax cuts, WSJ …
Nov 25, 2024 · President-elect Donald Trump's nominee for U.S. Treasury secretary, Scott Bessent, will prioritize delivering on election tax cut pledges, he told the Wall Street Journal in an interview...
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