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Sat, Aug 8 01:06 PM

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

Fortune•Sat, Aug 8, 2026, 11:00 AM•2 min read

The alarm is coming from inside the house. The Treasury Borrowing Advisory Committee says the borrowing math no longer adds up.

Source: [Fortune](https://fortune.com/2026/08/08/treasury-borrowing-tbac-145-trillion-shortfall-bessent-debt/)

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