Bessent Sees Ending ‘Tax Gimmicks’ as Option to Trim US Deficit

Treasury Secretary Scott Bessent suggests that ending "tax gimmicks" could be a viable approach to trimming the US deficit, expressing a willingness from the Trump administration to consider such measures if Democrats show genuine commitment to reducing national debt. This stance highlights the administration's openness to tackling fiscal issues through structural reforms rather than temporary fixes. The discussion underscores the broader implications for long-term fiscal health and the potential for bipartisan cooperation in addressing the nation’s financial challenges.