Businessweek Daily

Trump Raises the Cost of Borrowing From the Future

Treasury Secretary Scott Bessent says growth will offset the widening deficit, but critics worry about how today’s children will pay.

Treasury Secretary Scott Bessent.

Photographer: Bonnie Cash/UPI

The September issue cover story about Treasury Secretary Scott Bessent is live, and Bloomberg Businessweek Editor Brad Stone is here in the newsletter today with Remarks about the fiscal legacy the Trump administration is creating. Plus: Two stories about unusual housing construction in old New York City offices and on new islands in Dubai.

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