The National Debt: What It Is, Why It Matters, and What Conservatives Propose
What the National Debt Is The national debt is the total accumulated amount the federal government owes to creditors — primarily holders of Treasury bonds, notes, and bills, including foreign governments, domestic investors, and the Federal Reserve. As of April 2026, the national debt exceeds $36 trillion, representing approximately 125 percent of annual U.S. gross […]
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