Bessent: Tariff Rulings Could Accelerate Debt Limit Deadline
The U.S. debt-limit deadline could arrive sooner if courts order the Treasury to pay back tariff revenue, Treasury Secretary Scott Bessent told reporters Friday.
'We're on the warning track,' he said. The deadlne 'could be moved forward if we're forced to rebate the tariff income by the courts.'
Earlier this month, the U.S. Court of Appeals for the Federal Circuit extended its temporary pause of a trade court's decision that Trump exceeded his powers in imposing the tariffs.
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