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Scott Bessent: “We have a 3.8% GDP and the Democrats shut down the…”

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 07:16

It was the largest deficit when we weren't in a recession, weren't at war and we are fixing the deficit and there could be a discussion, but this isn't the way to have a discussion shutting down the government and lowering the GDP. They We have a 3.8% GDP and the Democrats shut down the government [which] could see a hit to the GDP, a hit to growth and a hit to working Americans. But do you, do you see that as what finally gets this done? It's some type of concession for Republicans to then those Covid era super Obamacare subsidies. (07:16–07:29)

CLAIM

Asserts that the government shutdown by Democrats could negatively impact GDP, growth, and working Americans.

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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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