Vance says Treasury chief has quiet strategy to outpace $40 trillion debt

Vice President Vance said on Newsmax that Treasury Secretary Scott Bessent has a confidential plan, backed by the president, to make economic growth exceed the national debt. Bessent earlier told CNBC that the U.S. can grow its way out of the $40 trillion debt, noting tariff refunds from a Supreme Court ruling contributed to a temporary deficit spike. Lawmakers remain divided on addressing the debt, with Republicans focusing on spending and entitlements while Democrats push for higher taxes on the wealthy and corporations.