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Scott Bessent: “The spending cuts that occurred in the one big beautiful…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Watch CNBC's full interview with Treasury Secretary Scott Bessent

Published | Video Starts at 06:39

We're seeing this what's going to be a dramatic cut in prescription drug prices, which is one of the bigger parts of the health care budget. So President Trump is laser focused on that, negotiating with big Pharma. And just to be clear, The spending cuts that occurred in the one big beautiful bill were the large, largest in history. and we're not going to go back on them. That I came out from behind my desk and wanted to join the government to right the ship and get our fiscal house in order. (06:39–06:46)

CLAIM

Asserts that the spending cuts in the bill were the largest in history.

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