Treasury Secretary Bessent Proposes 'Growth' as Solution to $40 Trillion National Debt
Jump to 0:40The U.S. national debt has officially surpassed $40 trillion, a figure Treasury Secretary Scott Bessent acknowledged as substantial. Bessent noted that the publicly traded amount is smaller due to holdings by Social Security funds and other government entities. The administration's primary strategy to address this massive debt is focused on fostering U.S. economic growth, rather than implementing immediate spending cuts.


