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CNBC

Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked

Thursday, August 20, 2026


Treasury Secretary Scott Bessent said Thursday there is a "very good chance" the U.S. budget deficit has peaked under President Donald Trump.

Original reporting: https://www.cnbc.com/2026/08/20/bessent-budget-deficit-trump.html

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