Vance Shuns Crypto as Direct Debt Solution, Touts Economic Growth Instead

The U.S. national debt has surpassed $40 trillion, prompting Vice President JD Vance to discuss potential solutions during an interview on Newsmax.

Vance was asked about President Donald Trump's plans for a crypto reserve using Bitcoin and XRP, but instead of endorsing the idea as a direct way to reduce debt, he pointed to economic growth and foreign investment.

Vance mentioned that Treasury Secretary Scott Bessent has a 'discreet plan' supported by the president to get the U.S. economy growing faster than its debt, which is currently on track.

Nearly $19 trillion in foreign investment is expected to enter the U.S. over the next decade, which could support the Treasury market and expand the tax base.