Vance says Treasury Secretary Bessent has discreet plan to shrink national debt
Vice President Vance stated that Treasury Secretary Scott Bessent has a discreet plan backed by the president to shrink the national debt by outpacing it with economic growth.
- Vance stated Bessent has a plan to shrink the national debt.
- The plan relies on growing the economy faster than the debt.
Sources
- The Hill — Vance: Bessent has 'very discreet plan' to shrink $40 trillion national debt
- Fortune — Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’
- The Hill — Bessent: US can 'grow our way' out of $40 trillion debt
- Yahoo Finance — How the soaring federal debt affects you personally
- Yahoo Finance — U.S. debt tops $40 trillion. How soaring federal debt affects you personally.