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Treasury Secretary Bessent reveals plan to tackle soaring $38T debt (thestreet.com)
4 points by consumer451 2 days ago | hide | past | favorite | 2 comments




> U.S. Treasury Secretary Scott Bessent has a solid plan to manage the country's soaring debt and it involves a growing reliance on money-market funds and stablecoins.

Sorry, I read his linked talk and it sounded like he's talking about running the shop not reducing the debt. Fits one of the meanings of the word "tackle" but misleading in context.


That is why I posted this. This seems like at least a one alarm fire, does it not?



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