JD Vance Blames Biden for $40 Trillion US Debt as Critics Cite Trump-Era $11.6 Trillion Rise

3 articles · Updated · HuffPost · Aug 21

$40 trillion in U.S. debt prompted Vice President JD Vance to accuse the Biden administration of leaving a “debt bomb” and say the White House has a plan to grow the economy faster than debt.
Vance argued on Newsmax that debt had been rising faster than GDP under Biden and said Treasury Secretary Scott Bessent has a “very discreet plan,” though he offered no details.
The attack drew swift online backlash, with critics saying the administration was recycling blame even as federal debt has kept climbing under both parties.
Reuters data cited in the report showed debt rose by $8.4 trillion during Biden’s four-year term and by $11.6 trillion across Trump’s two terms so far, underscoring shared responsibility.

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