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 domestic […]
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