Bessent has 'very discreet plan' to reduce the $40 trillion national debt, Vance says
Vice President Vance said that Treasury Secretary Bessent has a plan to reduce the nation's $40 trillion debt, though Vance did not describe the details. A budget analysis noted that policies from Trump's first term added trillions to the debt over a decade.
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National story. 8 articles from 6 sources. Updated Aug 21, 2026.
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2 sourcesTreasury secretary claims U.S. budget deficit has peaked as debt tops $40 trillion
Trump Treasury Secretary Flails as National Debt Passes $40 Trillion
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1 sourceRight
3 sourcesScott Bessent and President Trump Have a Plan to Tackle America's 40 Trillion Dollar Debt
Vance says Bessent has ‘discreet’ plan to address $40 trillion national debt
Bessent has 'very discreet plan' to reduce the $40 trillion national debt, Vance says
Treasury Secretary Scott Bessent Says the US Must Grow Its Way Out of the National Debt
The story so far
2 developments- Aug 20Bessent: US can 'grow our way' out of $40 trillion debt
- Aug 21Bessent has 'very discreet plan' to reduce the $40 trillion national debt, Vance says
Who covered each development
No new developments
Quiet for 57 daysLast development · Aug 21 — Bessent has 'very discreet plan' to reduce the $40 trillion national debt, Vance says
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