Treasury Secretary Bessent: A ‘detox’ period for the economy does not have to be a recession

The easy thing for us to have done would have been to just keep this massive spending level going. And it's unsustainable. But it could we have kept it going for a year , 2 years , maybe even 4 maybe, but you're risking a financial calamity. So, you know, we are trying to get this tax bill done. We are, they are controlling expenses and when we get the tax bill, then that's it.