News
A Treasury Secretary’s Battle Cry
In a fiery interview with Breitbart News on March 13, 2025, Treasury Secretary Scott Bessent laid out a no-nonsense plan to ‘reprivatize’ the U.S. economy, vowing, ‘We are laser-focused on getting this deficit under control.’ His words cut through the fog of Washington’s spending spree, targeting a federal deficit that’s ballooned to $840 billion in fiscal 2025’s first four months—a whopping 6 percent of GDP.
Bessent’s not here to coddle bureaucrats or appease Wall Street. He’s pushing a vision where private enterprise takes the wheel, slashing government bloat to unleash American grit. With taxpayers footing the bill for years of reckless budgets, his call to action hits like a gut punch—posts on X are lighting up with support from folks fed up with the status quo.
Kicking the Government Spending Habit
Bessent told Breitbart the economy’s been hooked on public-sector cash for too long. ‘The market and economy have become addicted,’ he said, arguing for a clean break to shift growth back to private hands. His recipe? Deregulation to spark business, spending cuts to trim fat, and a belief that Americans thrive when government gets out of the way.
The stakes are clear. Job growth’s leaned hard on public payrolls—over 95 percent in the last year—while private-sector wages stagnate. Bessent’s reprivatization isn’t some soft reset; it’s a hard pivot to the days when Main Street, not federal handouts, drove prosperity. He’s betting on a smooth transition, not a crash landing, to keep the economy humming.
Tariffs: The Economic Hammer
Tariffs aren’t just a sideshow—they’re Bessent’s heavy artillery. ‘Access to cheap goods isn’t the American Dream,’ he told Breitbart, brushing off inflation panic as a one-time hiccup. He’s wielding tariffs to rake in revenue, shield U.S. industries, and twist arms at the trade table, a playbook proven in Trump’s first term when duties didn’t tank growth.
Markets twitched—Nasdaq dipped 2.6 percent that day—but Bessent didn’t blink. With a trade gap at $131.4 billion in January, he’s ready to slap higher duties on anyone who retaliates, calling out Canada’s Trudeau as ‘numbskulls’ in a jab that’s got X buzzing. This isn’t about cheap imports; it’s about bringing jobs home and making trade fair for Americans.
Slashing the Deficit Monster
Bessent’s got a laser on the deficit, pitching his ‘3-3-3’ plan: 3 percent GDP growth, 3 percent deficit, 3 million barrels of daily oil production. ‘We don’t have a revenue problem, we have a spending problem,’ he insisted, eyeing $500 billion in annual cuts without touching defense or Social Security. It’s a brutal climb from today’s 2 percent growth, but he’s not backing down.
Deregulation and energy boosts are his fuel—unleash oil production, free up businesses, and hack away at waste. The deficit’s a beast—$1.83 trillion in fiscal 2024—and Bessent’s swinging hard. Breitbart’s audience heard a man ready to fight, not just fiddle, a stance that’s got taxpayers nodding and bureaucrats sweating.
Hitting Enemies Where It Hurts
Bessent didn’t stop at home—he’s taking the fight global. He promised Breitbart ‘maximum sanctions’ on Iran and Russia, blasting Biden’s ‘weak’ Russian oil sanctions as a war-funding failure. ‘Making Iran Broke Again’ is his goal, with plans to choke Tehran’s oil exports and Russia’s cash flow, tying economic power to America’s security.
This is red-meat policy: punish foes, protect the homeland, and keep the dollar king. X posts are roaring approval—folks want a Treasury that hits hard, not one that tiptoes around. Bessent’s sanctions aren’t bluffs; they’re a pledge to make enemies pay while America stands tall.
The Last Stand for Fiscal Sanity
‘This is the last chance bar and grill to get this done,’ Bessent quipped, framing reprivatization as a do-or-die moment. His Breitbart interview wasn’t a lecture—it was a rallying cry for an America where private grit trumps government gluttony. Markets might jitter, but he’s betting Main Street wins when Washington steps back.
Bessent’s laying it bare: the U.S. can’t keep borrowing tomorrow to pay for today. His plan—cut, deregulate, tariff, sanction—is a throwback to when self-reliance ruled, a shot at reclaiming economic freedom. Time will tell if he delivers, but one thing’s certain: he’s not here to play nice.