(DCNF)—Treasury Secretary Scott Bessent pointed out Sunday on CNN’s “State of the Union” the administration’s cutback on government spending as what’s gone “unnoticed” during the shutdown, calling it one of the factors helping the U.S. avoid a recession.
The Federal Reserve announced Wednesday it would lower the interest rate benchmark by a quarter-point, bringing it to a range of 3.75%-4.00%. CNN’s Jake Tapper asked Bessent about the latest rate slash and the Fed’s warnings that the U.S. could face a recession if cuts continue rapidly, questioning if the country is at risk of a downturn.
“I believe that we are in a transition period here as we are seeing the Trump administration has cut back on government spending. What has gone unnoticed during the shutdown is, for the fiscal year, that in September 30th, the government spent less than it did the year before. And because the GDP grew — the deficit-to-GDP which had been 6.4%, 6.5% deficit, the highest when we weren’t at war — we weren’t in a recession ever. We were able to bring it down to 5.9%,” Bessent said.
“So we are bringing down government spending and I would think that the Fed would want to assist with that,” Bessent added. “Because if we go back and look, MIT just published a study that said 42% of the great inflation of 2022 came from excess government spending. So if we are contracting spending then I would think inflation would be dropping. [If] Inflation is dropping then the Fed should be cutting rates.”
Earlier in 2025, the Trump administration made significant cuts to government spending, exposing how many agencies had been using taxpayer dollars to fund programs at odds with the president’s agenda. With help from the Department of Government Efficiency (DOGE), the administration claimed to achieve savings of an estimated $214 billion — about $1,329 per taxpayer — according to an Oct. 4 update on the agency’s website.
Concerns over the Federal Reserve’s interest rate policy surfaced during the summer when President Donald Trump called for the Fed to lower rates. Fed Chairman Jerome Powell responded that if Trump had not imposed reciprocal tariffs, the U.S. central bank would have reduced rates sooner.
After months of tension between Powell and Trump, the Fed announced its first rate cut Sept. 17, lowering the benchmark by a quarter-point and setting the target range at 4.00%-4.25%. While a second rate cut was made in October, the ongoing government shutdown has delayed most major economic data releases.
Tapper pressed Bessent further, asking if he believes the U.S. could face a recession if the Fed doesn’t continue cutting rates.
“I think that we are in good shape, but I think that there are sectors of the economy that are in recession and the Fed has caused a lot of distributional problems there with their policies,” Bessent responded. “I wrote a 7,000-word essay on that. We’ve seen the biggest hindrance for housing here is our mortgage rates. So if the Fed brings down mortgage rates then they can end this housing recession. Low-end consumers who have gotten killed under President Biden, these high rates are hurting them because they have debt not assets. So I think that there are sections of the economy that could go into recession.”
Bessent previously outlined his view of a transition period for the U.S. economy, contrasting with Biden Treasury Secretary Janet Yellen’s approach. Bessent describes the economy as transitory, pointing to a broader phase of shifting, unstable conditions that are not expected to last.
In comparison, Yellen used the term “transitory” under to suggest inflationary spikes were temporary and driven by pandemic-related supply shocks. Yellen’s outlook, however, proved overly optimistic as inflation surged to extreme levels during Biden’s term in office.
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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures
The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?
That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.
From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.
The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.
This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.
For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.
Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.
As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.
If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.