Trump plans to grow his way out of $40 trillion debt crisis—it’s a ‘fantastic story’ but virtually impossible, says top budget economist

U.S. national debt topped $40 trillion — about 122% of GDP — raising renewed questions about fiscal health.
The Trump administration says strong growth (boosted by AI investment) can solve it, but many economists say growth alone won’t be enough.
Bond-market stress forced unscheduled Treasury buybacks, and voters say debt is likely to influence the midterms.