Reported about 19 hours ago
Scott Bessent, the Treasury Secretary nominee, emphasized during his Senate confirmation hearing that the expiration of the 2017 tax cuts could lead to a significant economic crisis, with a potential $4 trillion tax hike looming. He called for Congress to act swiftly in extending these cuts to protect middle- and working-class families. Bessent, known for his financial acumen and close ties to President Trump, asserted that addressing tax policies will be crucial for the future economic stability of the United States.
Source: YAHOO