Latest data shows that the total amount of U.S. national debt has surpassed the historic mark of $37 trillion, highlighting the severe reality of the rapid rise in U.S. government debt. According to real-time data released by the U.S. Treasury, as of the latest statistics, the total national debt stands at $37,004,817,625,842, a staggering figure that has drawn widespread attention from economists and policymakers.

This milestone debt level reflects the unprecedented speed at which the U.S. federal government has been accumulating debt. In the face of such a massive debt burden, Maya MacGuineas, chair of the Committee for a Responsible Federal Budget, has issued a stern warning. She pointed out that the current fiscal situation in the United States is severely imbalanced; however, what is concerning is that Congress does not seem to be taking effective measures to curb this trend, and in some ways has exacerbated the problem.

As the scale of government bonds continues to expand, the United States is facing an increasingly heavy interest burden and potential economic risks. This situation not only affects the domestic economy of the United States but may also have far-reaching impacts on global financial markets. Economic experts are urging the government and lawmakers to take decisive action and formulate sustainable fiscal policies to ensure long-term economic stability and national credit.

Despite the alarming pace of rising debt, some argue that moderate government spending is still necessary to maintain economic growth and social stability in the current global economic situation. Finding the balance between stimulating the economy and controlling debt will be a major challenge for U.S. policymakers.