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Business

Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked

CNBC · August 20, 2026 at 12:23 PM

Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

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