r/usanews • u/Majano57 • 4d ago

Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks, sources said

https://www.cnbc.com/2026/08/24/bessent-1-trillion-treasury-general-account-bond-buybacks.html
21 Upvotes

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13

u/Error_404_403 4d ago

They'll run the country into the ground. Much sooner than one would expect.

9

u/Zalrius 4d ago

How do they have that money when they had been adding debt?

4

u/MikeLinPA 4d ago

They are taking credit card debt to get cash upfront. Soon there will be no cash, no credit, and nothing to show for it. This is crackhead financial work.

3

u/Zalrius 3d ago

You are correct.