
U.S. Treasury Secretary Scott Bessent brushed off ABC host Martha Raddatzâs attempt Sunday to pin the government shutdown on Republicans.
The shutdown of the federal government began Oct. 1 after Senate Minority Leader Chuck Schumer rallied nearly all Senate Democrats to block a bipartisan funding bill. Martha Raddatz pressed Bessent on the shutdownâs impact, asking whether the president should meet with Democrats to end the standoff during an interview on âThis Week.â
âPeople are suffering, federal employees are starting to go to food banks. Any light at the end of the tunnel on that? Should the president be meeting with Democrats again?â Raddatz asked Bessent.
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âWhat good does it do, Martha? Theyâve dug in. The American people are a hostage to Chuck Schumer and Hakeem Jeffriesâs poll numbers, âcause whatâs changed between now and the last time there was a clean continuing resolution is Chuck Schumer has tanked in the polls,â Bessent responded. âBoth of the two guys from Brooklyn, like I call âem, are worried about being primaried from the left. 52 Republican senators have voted 11 times to reopen the government, three brave moderate Democrats have come across the aisle. So, you know, I call on moderate Democratic senators to end this craziness. Youâll be heroes.â
When Raddatz attempted to raise additional shutdown concerns and noted Republicans control Washington, Bessent didnât hold back.
âWhat can we do? What can we do for this desperate act that we can call on them to change their minds? Because I can tell you, the 1.5 trillion in spending that theyâre calling for, thatâs not on the table. We inherited a mess,â Bessent said. âWe inherited the worst budget deficit-to-GDP when we werenât in a recession and we werenât at war. It was 6.4, 6.5%. Weâve managed to bring that down to 5.9%. And weâre not gonna let them be irresponsible with the budget again.â
The Congressional Budget Office reported the federal budget deficit hit 6.4% of GDP in fiscal year 2024, one of the highest peacetime levels in U.S. history. The nonpartisan Peter G. Peterson Foundation, which seeks to raise public awareness of the nationâs fiscal issues, confirmed the same figure, noting it occurred despite low unemployment and steady economic growth.
Democratic Pennsylvania Sen. John Fetterman urged his party Thursday to âcut the shitâ and end the ongoing government shutdown. He criticized Schumer for blocking pay for federal workers and troops, warning that the shutdown strategy is backfiring as its impact deepens nationwide.
Fetterman joined two other Democrats in backing a GOP-led bill to pay federal workers and military personnel during the shutdown. The measure fell short of the Senateâs 60-vote threshold after most of their Democratic colleagues voted against it.
Democrats have insisted that any funding deal must include an extension of expiring Obamacare subsidies as well as several other partisan policy priorities.
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