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

Published August 21, 2026 10:29am ET | Updated August 21, 2026 10:29am ET



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 United States to a point where our economy is growing faster than our debt,” Vance said on Newsmax’s Carl Higbie Frontline.

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