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    <title>The Minutes of Scott Bessent on deficit</title>
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    <description>Everything Scott Bessent has said on deficit: 4 verbatim quotes from August 2026, each with a timestamp and a link to the recording it came from.</description>
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      <title>Bessent announces fiscal consolidation initiative from President Trump to be revealed end of week or early nex</title>
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      <description>“We are the announcing probably at the end of this week, beginning of next week, an increased focus on fiscal consolidation. And, you know, it&#x27;s the coming from president Trump.” — CNBC Television</description>
      <pubDate>Thu, 20 Aug 2026 15:37:26 +0000</pubDate>
      <category>deficit</category>
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      <title>Bessent says 2025 showed fiscal consolidation at 5.7% of GDP, with tariff refunds temporarily inflating the de</title>
      <link>https://minutesof.com/q/a5f55eee-c586-4640-94e0-4f0fca881564/</link>
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      <description>“We actually had a fiscal consolidation for the calendar year 2025. You know, we we had we were at about 5.7% of GDP.” — CNBC Television</description>
      <pubDate>Thu, 20 Aug 2026 15:37:26 +0000</pubDate>
      <category>deficit</category>
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      <title>Bessent forecasts 2026 tariff revenue will match 2025 levels and contribute to budget consolidation.</title>
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      <description>“I would expect that our 2026 tariff income is gonna be roughly what it was in &#x27;25, and we&#x27;re gonna be able to keep that in terms of the budget consolidation.” — CNBC Television</description>
      <pubDate>Thu, 20 Aug 2026 15:37:26 +0000</pubDate>
      <category>deficit</category>
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      <title>Bessent believes fraud task force and fiscal focus could save several hundred billion dollars.</title>
      <link>https://minutesof.com/q/26f1b3ad-eef1-4674-afce-bba962eb7829/</link>
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      <description>“As I said, OMB director Vogt, myself, the president, that combined with the vice president&#x27;s fraud task force where I think we could save several $100,000,000,000.” — CNBC Television</description>
      <pubDate>Thu, 20 Aug 2026 15:37:26 +0000</pubDate>
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