The U.S. national debt is the accumulation of money borrowed to cover the national deficit over time. The highest level of national debt in the last century was right after World War II ...

Data: Committee for a Responsible Federal Budget; Chart: Axios Visuals Former President Trump ran up the national debt ... with rapidly rising debt levels at a time when interest rates are already ...

The U.S. national ... the first time comes as policymakers face a host of fiscal deadlines in 2025, including expiring tax cuts and budget caps as well as a looming fight over the debt limit.