US treasury secretary nominee Bessent is speaking at the US confirmation hearing and says:
US government has significant spending problemWill revive the American economy through progrowth regulatory policies, reducing taxes, unleashing American energy.If Trump 2017 tax cuts are not renewed, US will face economic calamityWe will see a gigantic middle-class tax increases tax cuts are not extended.Power of trumps 2017 tax cuts was apparent in 2018 and 2019 before they were interrupted by Covid 19.Will commit to keep IRS direct filing system running for this tax year, but study a further..Disagrees that tariffs will be paid for by workers and small businessesUS clean energy spending is wildly out of control on the upside This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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