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← The National Debt Crosses $40 Trillion Months Ahead of Schedule — Driven in Part by the Tariff Revenue the Supreme Court Took Away — and the Treasury Secretary Says "There's Nothing Magic About the $40 Trillion Number"
SB
Scott Bessent
R
Secretary of the Treasury (SC)
Aug 20, 2026
“

There’s nothing magic about the $40 trillion number, and we can grow our way out of that. Global growth is the way to take care of this mountain of debt.

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🔗The Hill
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The National Debt Crosses $40 Trillion Months Ahead of Schedule — Driven in Part by the Tariff Revenue the Supreme Court Took Away — and the Treasury Secretary Says "There's Nothing Magic About the $40 Trillion Number" →

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