Treasury Secretary Scott Bessent was firm on Sunday that the United States will never default on its debt, saying the country is “on the warning track and we will never hit the wall.”
In a Sunday appearance on CBS News’s Face the Nation, Bessent strongly rejected any prospect of a U.S. debt default even as a debt ceiling hike included in President Donald Trump‘s tax bill is threatening to derail the legislation’s passage in the Senate.
“The United States of America is never going to default. That is never going to happen. We are on the warning track and we will never hit the wall,” the treasury secretary told host Margaret Brennan.
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When pressed by Brennan on whether the July 4 deadline Republicans have set for
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