Bessent: US can ‘grow our way’ out of $40 trillion debt

Summary

Treasury Secretary Scott Bessent on Thursday said the U.S. can “grow” its way out of the $40 trillion national debt, a milestone reached Wednesday. “Well, I mean, look Sara, there’s nothing magic about the $40 trillion number, and we can grow our way out of that,” Bessent told “Squawk on the Street” co-host Sara Eisen…