The Actual News

Neutral summaries of your favorite news sources — just the facts.

Vance: Bessent has ‘very discreet plan’ to shrink $40 trillion national debt

Vance: Bessent has ‘very discreet plan’ to shrink $40 trillion national debt

Summary

Vice President Vance said that Treasury Secretary Scott Bessent has a secret plan to reduce the United States' $40 trillion national debt. This plan is supported by President Donald Trump and aims to help the economy grow faster than the debt.

Key Facts

  • The national debt of the United States is about $40 trillion.
  • Treasury Secretary Scott Bessent has a plan to lower this debt.
  • The plan is described as very discreet, meaning it is not widely shared yet.
  • Vice President Vance spoke about this plan on Thursday night.
  • President Donald Trump supports this plan to reduce the debt.
  • The goal is to have the U.S. economy grow faster than the debt increases.
  • No further details about the plan were provided in the statement.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.

Save articles & personalize your feed — Create a free account