Treasury Secretary Scott Payet insists that “never fall behind” on her debts

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Treasury Secretary Scott Payet insisted that the United States will not fail to debt because he sought to calm Wall Street’s concerns about the state’s state’s state.

“The United States of America will never explode, and this will never happen,” Pesin told CBS’s Facing the nation Sunday. “We are on the warning path and we will never hit the wall.”

The investor tensions have risen on the size of US federal debts, as President Donald Trump urged Congress to move forward “Great Big Budget” billWhich is expected to raise the federal deficit.

BESSENT rejected the concerns raised by JPMorgan Chase, CEO Jimmy Damon Ali Friday The American bond market “will crack” under the weight of the country’s growing debts.

He said: “I knew Jimmy for a long time, and he has his entire career, and he predicted like this. Unfortunately, none of them was fulfilled.”

The Office of Congress, the government’s financial financial agency, warned in March that even without the new budget legislation, American debt as a share of GDP will exceed its peak in the 1940s in the coming years. Last month, the MOODY classification agency was stripped of the United States Three times the debt classification.

The Federal Budget Committee responsible for this, as written, warned the Trump Bill It will add about 3 Treen to the debt During the next decade.

Investors are also concerned that the issue of lifting the debt roof – which will increase by $ 4TN under the proposed legislation – is now owned by Congress and Republican design.

The draft law passed the House of Representatives last month and is scheduled to be discussed by the Senate. However, some members of the upper room expressed his dissatisfaction with all of the high levels of spending and the size of the increase to the point of debt.

Elon Musk, which this week He stepped down from his role In the Trump administration, he said in an interview with CBS on Sunday that he was “disappointed” from the “Green spending law”, which he said undermines the work to reduce the costs of the so -called government efficiency.

The Trump administration has insisted that the draft law will not increase the deficit and that expectations fail to take increases in economic growth.

“I tell you that this will reduce the deficit,” Mike Johnson, Speaker of Parliament, told NBC. Meet Sunday. “We will stimulate the massive economic growth here.”

Pesint said that many expectations were not calculated “the essential” income from the new Trump import tariff, which could add trillion dollars to government revenues.

“The deficit this year will be less than the impotence last year and within two years, it will be less again,” Pesin said.

Trump’s plans struck the tariff of the obstacle last week after the court ruled that the president had not had the authority that he relied on to impose most of the fees. The White House won Temporary residence Against the matter.

Trade Minister Howard Lootnick said that even if the president was prevented from imposing a customs tariff under certain powers, he will find other ways to do so.

“Be reassuring, the tariff does not disappear,” Lottenic told Fox News Sunday.

“He has many other authorities even in strange and unusual circumstances where this was taken away, we only come with another or another.”