How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall
- Posted on August 8, 2026
- By Fortune
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- 1 min read
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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall
The alarm is coming from inside the house. The Treasury Borrowing Advisory Committee says the borrowing math no longer adds up.