Vance says Bessent has ‘discreet’ plan to address $40 trillion national debt

Vice President JD Vance said Treasury Secretary Scott Bessent has a plan to address the nation’s roughly $40 trillion debt, arguing the administration can grow the economy faster than the debt accumulates. “[Bessent] has had a very discreet plan, of course, supported by the president of the United States, to get the Un

Vice President Vance said Thursday night that Treasury Secretary Scott Bessent has a “very discreet plan” to shrink the nation’s debt. “He [Bessent] has had a very discreet plan, of course, supported by the president of the United States, to get the United States to a point where our economy is growing faster than our…

As the US crosses the $40 trillion mark it's easy to look at dollar signs but ratio to GDP is more relevant, writes Ian Verrender.

"We can grow our way out of that," the Treasury Secretary told CNBC on Thursday.

The US National Debt Grows To $40 Trillion Under Trump, Who Promised To Cut Waste  HuffPost