“Trump plans to grow his way out of $40 trillion debt crisis—it’s a ‘fantastic story’ but virtually impossible, says top budget economist”
October 13, 2026
“…Currently, the U.S. ratio stands at 122%. To bring it back into a lower balance, an economy could cut its borrowing or—as Bessent suggests—increase its growth.
When the alternative is cutting borrowing and, as a result, government spending, the growth plan is a more optimistic and politically palatable route…”
https://finance.yahoo.com/economy/policy/articles/trump-plans-grow-way-40-105105386.html
Historically speaking governments almost never cut spending. They use 1 of 3 methods. War, economic boom, or inflation. Inflation is the most common. Realistically speaking inflation is probably how the debt will be dealt with.
