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Scott Bessent: “We had record refunds and the because of the modernization…”

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

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ONE WEEK WARNING: Bessent predicts Iran could be forced to shut down oil wells

Published | Video Starts at 08:42

Maria, 45% of filers during this tax season availed themselves of at least one of those programs. So We had record refunds and the because of the modernization at the irs, if you filed electronically, we were able to get your refund out in 21 days. So the consumer is very strong. Another aspect of the tax bill is the permanence of full expensing. So companies are coming, whether it's equipment, factory structures, they are able to write that off in a year. (08:42–08:54)

CLAIM

Asserts that IRS modernization allowed electronic filers to receive refunds in 21 days.

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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.

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