Hassett vs. Bessent: Tariffs & Debt
Update: 2025-12-05
Description
Kevin Hassett and Scott Bessent present contrasting views on tariffs impact on national debt, with Hassett suggesting theyre helping reduce it, while Bessent sees them as a short-term solution. The Congressional Budget Office reports a one trillion dollar reduction in debt savings, largely due to trade changes. Budget watchdogs question Hassetts claim of spending restraint, as the national debt grew by one trillion dollars in two months. The Supreme Court is examining the Presidents use of emergency powers to impose tariffs, with potential implications for the government and American people. Hassett defends the use of emergency powers, expressing confidence in the Supreme Courts decision.
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