Vance blames Biden for leaving Trump a 'debt bomb' as national debt soars past $US40 trillion

Vice President JD Vance has blasted the Biden administration over a national debt now topping $US40 trillion, calling the inheritance a “debt bomb.” Vance said Americans are being hammered by soaring debt costs, arguing the crisis was fuelled by borrowing that grew faster than the economy. The vice president claimed Treasury Secretary Scott Bessent has a “very discreet plan” backed by President Trump to reverse the trend. Vance insisted the administration is on track to make economic growth outpace the debt, calling that the most important path forward. Both Trump and Biden approved policies that added trillions of dollars to future federal borrowing, according to a nonpartisan budget watchdog.