Without meaningful plans to abolish the 3rd central bank, all this talk is pure nonsense.
Print enough money and pay off the debt. Simple and discreet. Of course the dollar might end up worthless.... better start buying gold....
I am not optimistic. A growing American economy will bring in more tax dollars. Which will motivate Congress to spend more.
What we need (among other things) is a president who will veto any budget that is not balanced. And yes, I know such a veto would bring with it a ton of problems.
Are we going to use Bessent’s Chase Sapphire Preferred Card? Or just the regular bunch of government credit cards?
What is the solution? Milton Friedman made an excellent argument for a Balanced Budget Amendment. The only way that is going to happen is thru a Convention Of States.
This is the second stupid, naive statement by the VP.
The first was that lowering gas prices was the principal objective of the Iran war.
The US national debt is about to reach $40 trillion milestone — and it’s likely to hit $50 trillion soon (July 2029)
https://www.msn.com/en-us/money/economy/ar-AA2a79gF
The problem President Trump has is the GOP and the courts. The Democrats and their Socialist friends are a given. If the GOP doesn’t support MAGA (Thune and friends, are you listening?) the Democrats count on the anti-Constitution judges who are blocking all attempts at real reform. It all goes back to the biggest roadblock, McConnell’s hand-picked guy, Thune.
I think by ‘shrink’ he is referring to interest payments not being half the yearly budget.
Don't forget the impact of inflation. In other words, up $3.8 T in today's dollars is less than half of $7.5 T in yesterday's dollars.
Below is a graph showing increase in debt by percentage per year.

As much as I fuss about Trump and Bush running up debt in their years, it's hard to blame the total debt on Republicans more than Dims.
Source: https://www.macrotrends.net/2496/national-debt-growth-by-year
The two green bars on the right are the % of debt increase that Trump 2.0 has added so far. The red circled represents the Trump 1.0 years, with the large spike in year 2020 for over-the-top china virus spending. The blue circles represent the Biden and Obama years. If you ignore the 2020 spike, it looks to me like Trump's other 3 years in his first term have average per year debt increase than Obama's terms. The same for Trump's debt increase in first year 2nd term being less than the avg for Biden per year.
Look at how lower 2025 is from the prior two years (2023 and 2024 being Biden's last two years). But Biden's 4 years were an increase from Trump's first 4 years (sans 2020 and covid spending). And don't get me started on Obama adding way more to the debt than even big spending Bush.
here’s an interesting factoid.
The gold mined from the 200 mile motherload in the sierra nevadas from 1848 to 1970 represented only maybe 15 percent of the gold actually in those moutains. the mines were shut because the price of gold was too low to make mining the gold profitable.
that was in terms of 1970’s technology and gold price.
that has changed radically in the last couple years.
The gold mines in the sierra nevadas are starting to open again.
The Tea party was formed in 94 when the debt was $4 trillion dollars!!!
Now we are paying more in interest than we spend on defense. My my my………
the discreet plan is to grow the USA economy at 10 percent or more annually, cut fraud in the usa government, use AI to continue reducing federal government workers and generally slow the growth of federal spending.
This is exactly the playbook of the 1990’s that resulted in five years of balanced budgets.
As long as the Unicorns and Rainbows keep the economy in ever increasing GDP and never decreasing, we’ll be fine!
LOL!
If the plan is not, except for maybe social security, abolishing the 80%+, $3+ trillion unconstitutional portion of the federal gov’t, the plan is not good enough.
“a plan to get the economy growing faster”
FRAUD Waste Abuse is a big drag on the economy. Vance is in charge of fighting FWA. The fight needs to be much more aggressive. There are easy targets in the SWAMP that are not only fraudsters themselves...but the enabler of much fraud by others.
Deloitte is the best example. Deloitte is the #1 Fraud because it is the #1 fraud in most states, all the big states, both Red and Blue and because it is the FRAUD for ALL WELFARE programs: Medicaid, CHIP, SNAP, WIC, TANF, Sec8, LIHEAP, etc.
The Deloitte role as the #1 abuser of H1b is also interesting. H1b are assigned to facilitate Welfare fraud because they are in no position to become whistleblowers.
“Debt grew $7.5 trillion under Biden.”
Actually the national debt grew $8.45 trillion during the four year Biden term which immediately preceded the second Trump term.
During the first Obama term, the national debt grew by $5.8 trillion. During the second Obama term, which immediately preceded the first trump term, the national debt grew by $3.5 trillion. So the trend was down during the Obama second term preceding Trump’s first term.
Debt grew from $19.95 trillion to $27.75 trillion during the first Trump administration. Total increase in the national debt during the first Trump administration $7.8 trillion. So during Trump’s first term he added over twice the amount his predecessor had added during the preceding term.
Currently the federal deficit for 2026 is projected to be $2.1 trillion, up from $1.7 trillion in 2025. The year over year increase from 2025 to 2026 is 23.5%.
A 23.5% increase in the national debt from year 1 to year 2 of the Trump administration is not something to be proud of.
1- 'Eliminate' 50% of Federal Departments and Agencies.
2- 'End' all grants and support to NGOs.
3- Create a DOGE Department and impose DOGE on steroids against all Federal Departments and Agencies. p>4- Pass Balanced Budget Amendment.
5 - Deport all illegals.
6- End all worker visas and deport all worker visa holders.
What I've recommend are common sense solutions - unfortunately, a feckless Congress and special interests paint commonsense ideas as radical ideas.
We are in trouble and short of a miracle - we will continue to be ruled by feckless, corrupt power hungry elites. Today we are a nation of the government, by the government, for the government.
There are only two ways to fix the debt outgrow it or default. Congress will never stop spending until they run out of our money. Glad we are trying the first one first. We should direct the countries who want a tariff refund to the ignorant twerps on the Supreme Court. They can pay for their stupid antics.
Just print more money?.......................