Economic Optimism: Bessent Predicts Strong 2026 Growth

Top economic advisor Bessent shares optimism for 2026, predicting strong growth and non-inflationary economy. He attributes inflation differences between Democrat and Republican-led states to increased regulation. Bessent and Hassett forecast growth of 1.5-2% in Q4 due to government shutdown, with manufacturing jobs boosting long-term outlook. New trade deals and policy changes like capping overtime taxes and making auto loans deductible are expected to benefit working Americans. Taxpayers anticipate substantial refunds in Q1 2026 due to tax rate changes. The administration plans to announce healthcare cost-lowering measures this week. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.