JD Vance Dodge XRP, Bitcoin Debt Plan as U.S. Debt Hits $40T

Bitcoin and XRP may be part of President Donald Trump’s broader crypto plans, but Vice President JD Vance is not backing them as a direct way to reduce the U.S. debt. 

With national debt now above $40 trillion, Vance pointed to economic growth, foreign investment, and Treasury Secretary Scott Bessent’s plan instead.

Vance Reveals Trump’s Economic Strategy

During a Newsmax interview, host Carl Higbie asked JD Vance,

“President Trump was talking about a crypto reserve with Bitcoin and XRP and a few other things. Is there anything on the horizon to start offsetting this?”

In response, Vance noticeably avoided backing crypto as the direct solution, pivoting instead to Treasury Secretary Scott Bessent’s traditional economic growth model, which aims to make the U.S. economy grow faster than its debt.

Vance said Bessent has a “very discreet plan,” of course, supported by the president of the United States, to get the United States to a point where our economy is growing faster than our debt. And if you look, we are on track.”

The focus is also shifting toward traditional capital. 

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