Treasury Secretary Says Country Not at Risk of a Recession: ‘I Am Very Confident About 2026’
Update: 2025-11-24
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United States Treasury Secretary Scott Bessent said on Sunday that the U.S. is not at risk of a recession.
"No. I am very confident about 2026. Because what we are going to see is the president's done peace deals, tax deals, and trade deals, the One Big Beautiful Bill. And, you know, to go back to affordability, affordability has two components. So it's price of goods and real income. So under the One Big Beautiful Bill, especially for working Americans, no tax on tips, no tax on overtime, no tax on Social Security," he said on NBC's Meet the Press.
"No. I am very confident about 2026. Because what we are going to see is the president's done peace deals, tax deals, and trade deals, the One Big Beautiful Bill. And, you know, to go back to affordability, affordability has two components. So it's price of goods and real income. So under the One Big Beautiful Bill, especially for working Americans, no tax on tips, no tax on overtime, no tax on Social Security," he said on NBC's Meet the Press.
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