Scott Bessent’s 3-3-3 deficit plan hits a wall as Congress shows no appetite for spending cuts

NewsMon, 24 Aug 2026 19:31:27 UTC2 hours ago
Scott Bessent’s 3-3-3 deficit plan hits a wall as Congress shows no appetite for spending cuts

The lack of congressional support for spending cuts may lead to higher borrowing costs and market uncertainty, challenging economic growth.

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