The United States is facing a significant financial challenge as the national debt has reached $35 trillion, with projections to hit $36 trillion by the end of the year. The federal debt increased by $8 billion in a single day, indicating a rapid accumulation. The annual budget deficit is over $2 trillion, and interest payments on the debt are on track to reach $1.5 trillion per year, consuming 30% of government revenue. The Federal Reserve has been selling off $1.5 trillion in short to mid-duration U.S. Treasury holdings as part of its quantitative tightening measures. The reintroduction of the 20-year bond in 2020 by the Trump administration has added approximately $40 billion in interest expenses over the life of these bonds. Treasury bond issuance in 2024 is expected to reach $1.9 trillion, surpassing levels seen during the 2008 financial crisis. The national debt is increasing by $1 trillion every 100 days and could reach $50 trillion, with high inflation potentially eroding its value.