The U.S. national debt has officially reached a staggering $37 trillion, marking a critical milestone that is raising alarm bells about fiscal sustainability. According to the U.S. Treasury Department, this significant increase in borrowing – amounting to $1.9 trillion over the past year – signifies persistent economic challenges. Experts warn of potential repercussions for market stability, debt servicing, and macroeconomic policy as rising interest rates become a major concern. 2024 saw the debt surpass $36 trillion and then $35 trillion. This unprecedented level has triggered discussions about the need for fiscal adjustments to ensure long-term financial stability.