Bessent Says U.S. Can Grow Out of $40 Trillion Debt as Treasury Buybacks Stir Inflation Worries
Bessent says the U.S. can “grow out of” its $40 trillion debt load, but Treasury’s buybacks are also stirring fresh inflation worries. The pitch is growth and market liquidity; the reality is still a giant debt bill, sticky rates, and no magic wand.
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