# Bessent’s Murky Deficit Plan Faces Grim Prospects in Congress

https://mins.news/en/item/31120

- Bloomberg News, 2026-08-25 01:00 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-08-24/bessent-s-murky-deficit-plan-faces-grim-prospects-in-congress?link_source=ta_bluesky_link&taid=6a8ce9298f08580001b65e87

> Treasury Secretary Scott Bessent’s promised deficit-reduction plan, expected in the coming days, is set to confront a stark obstacle: there is no indication that the Republican-controlled Congress will deliver any net budget cuts this year.

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