Bessent says Biden had highest peacetime deficit-to-GDP in history, Trump brought it down over one percent in 2025
“We were left with a mess. The Biden administration had the highest deficit-to-GDP in history when we weren't at war or weren't in a recession. For 2025, we brought it down by more than a percent. https://t.co/dQDPzC3vkD”
Bessent claims Biden had highest peacetime deficit-to-GDP in history; says 2025 brought it down over one percent.
“The Biden administration had the highest deficit to GDP in history when we weren't at war or weren't in a recession. For 2025, we brought it down by more than a percent.”
Bessent claims the Biden administration had the highest peacetime, non-recession deficit-to-GDP ratio in history.
“The Biden administration had the highest deficit to GDP in history when we weren't at war or weren't in a recession.”