President-elect Trump's Treasury secretary nominee, Scott Bessent, has proposed a '3-3-3' economic plan that aims to reduce the budget deficit, boost GDP growth, and increase energy production. The plan, inspired by former Japanese Prime Minister Shinzo Abe's 'three arrows' strategy, outlines goals for Trump's second term.
President-elect Trump's nominee to serve as Treasury secretary, Scott Bessent , has touted a "3-3-3" economic plan that would seek to reduce budget deficit s while boosting growth and energy production . Bessent discussed the 3-3-3 plan this summer at an event hosted by the Manhattan Institute.
Bessent said Trump should tout a deficit reduction goal as part of the plan: "I would urge him to make public his desire to get the deficit down to 3% by the end of his term. He didn't get us to these 6% or 7% deficits. I think they averaged 4% under him, so get that down to 3%.
Scott Bessent 3-3-3 Plan Treasury Secretary Economic Plan Budget Deficit GDP Growth Energy Production
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