POLITICSTHE HILL
Vance: Bessent has ‘very discreet plan’ to shrink $40 trillion national debt
Vice President Vance announced that Treasury Secretary Scott Bessent has formulated a "very discreet plan" to reduce the nation’s debt. This plan, which is supported by the president of the United States, aims to get the US economy growing faster than its current rate.
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Adjacent reporting
- Bessent’s $4 billion bond plan is like ‘rearranging deckchairs on the Titanic given the U.S. national debt of $40 trillion,’ ING says
- Bessent seen rebuffing Wall Street on guidance for U.S. debt sales
- Scott Bessent Backs Strategic Bitcoin Reserve, Urges Senate to Pass Clarity Act
- How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall