PolitiQuote

Discover video-sourced quotes by politicians

Scott Bessent: “Under the one big beautiful bill, especially for working…”

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

Watch on YouTube

Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs

Published | Video Starts at 01:14

And to go back to affordability, affordability has two components. So it's price of goods and real incomes. So Under the one big beautiful bill, especially for working Americans, no tax on tips, tax on overtime, no tax on Social Security. auto deductibility, auto deductibility on loans for American cars. That's all kicking in. Americans have not changed their withholdings. So we're going to see substantial, substantial refunds to working families in the first quarter of 2026. (01:14–01:29)

CLAIM

Asserts that a bill will eliminate certain taxes for working Americans.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Scott Bessent

Discover more from

Scott Bessent

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.