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 grow…
The Hill's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Vance: Bessent has 'very discreet plan' to shrink $40 trillion national debt
Headline from The Hill ·
Newest
Treasury secretary claims U.S. budget deficit has peaked as debt tops $40 trillion
Treasury Secretary Scott Bessent tried in vain to spin the country’s astronomical $40 trillion debt on CNBC Thursday. Speaking to the network’s Sara Eisen, Bessent admitted that he didn’t know when the Iran war would end, but that things were otherwise going well with the economy despite the soaring…
Treasury Secretary Scott Bessent on Thursday said the U.S. can "grow" its way out of the $40 trillion national debt, a milestone reached Wednesday. "Well, I mean, look Sara, there's nothing magic about the $40 trillion number, and we can grow our way out of that," Bessent told "Squawk on the Street"…
A 2024 analysis by the nonpartisan Committee for a Responsible Federal Budget estimated that Trump's policies during his first term added $8.4 trillion to the national debt over a 10-year period. That's compared with the $4.
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 grow…
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.