Bessent comments on new CBO deficit projections — Look Scott, yes, CBO is likely wrong about GDP growth, but not by much over the 10 year estimate, and there are still no spending cuts or planned reforms to Medicaid, Medicare or Social Security. Interest on the debt is headed to $2 trillion in 5 years, Trump now wants to increase defense spending by 50% to $1.5 trillion for next year. Something has to give. The bond market will eventually turn against you. Time is running out to fix this.