Bessent: We do not have revenue problem, we have spending problem, Social Security Medicare NOT be

Treasury Secretary-designate Scott Bessent: “We do not have a revenue problem in the United States of America, we have a spending problem… This spending is out of control.”

Treasury Secretary-designate Scott Bessent: “I want to emphasize that President Trump has said that Social Security and Medicare will NOT be touched.”

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Bessent: We do not have revenue problem, we have spending problem, Social Security Medicare NOT be touched

Key Points

Treasury Secretary-designate Scott Bessent: “We do not have a revenue problem in the United States of America, we have a spending problem

• This spending is out of control”

Treasury Secretary-designate Scott Bessent: “I want to emphasize that President Trump has said that Social Security and Medicare will NOT be touched