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Scott Bessent's growth plans aren't enough to tame surging deficit and debt pile, IMF chief says

Scott Bessent's growth plans aren't enough to tame surging deficit and debt pile, IMF chief says
Photograph: CNBC

IMF Managing Director Kristalina Georgieva told Treasury Secretary Scott Bessent at the IMF‑World Bank meetings in Bangkok that the United States must cut its federal deficit, which is expected to exceed 6% of GDP, because growth alone cannot reduce the debt, now over $40 trillion and projected to reach 142% of GDP by 2031.

Source: Scott Bessent's growth plans aren't enough to tame surging deficit and debt pile, IMF chief says — CNBC

A daily AI-made news meme from Jester · Oct 14, 2026.

Topics: scottbessent · imf · debt · economy · finance

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