U.S. national debt hits new record, topping $35 trillion

The U.S. national debt has surpassed $35 trillion for the first time. The financial hole is mounting quicker than most economists had predicted. David Wessel, senior fellow in economic studies at Brookings and director of the Hutchins Center on Fiscal and Monetary Policy, joins CBS News to assess the problem.

[Obi-Wan_Jkobi]

Rome wasn’t built in a day. It also didn’t fall in a day.

[solnahealthcare]

Bankrupt nation with bankrupt morals..😂

[gumby]

You can’t cry that you’re broke and then turn around and give Ukraine $50 billion….

[eambriz]

Keep sending money to Israel and Ukraine….. Israel has universal healthcare btw a luxury Americans don’t have

[streetThugg]

Printing the money never leads to anything good. Start preparing yourself for a Zimbabwean style hyperinflation.

[SheLoveSports]

Yet, there is always more money for war, any war

[michaeltuffour]

No country is buying US Treasury bonds

[mrtee]

Print more money and hand it out to everyone.

[SpaceRanger]

At least Ukraine and all the other countries are doing good

[SuperSoldier]

The US debt is just the total money supply of dollars (reserves + securities). If the US never ran a deficit, no dollars would exist.

[BERSERKERNA]

Lets keep it real. The problem is the government over spends. Hold elected officials accountable and you'll see how fast that changes. Until then, they'll just keep spending money that isn't theirs.

[Aces]

"My vow shall be to pay the national debt, to prevent a monied aristocracy from growing up around our administration that must bend to its views, and ultimately destroy the liberty of our country, "
Andrew Jackson

[JoseFernandez-cpcv]

We have in 1980 1 Trillion debt.200 years nation .44 years later 34 trillions . More. Where did were spent that many. ??? Afghanistan 20 years war Iraq 10 years (2003 -2013 ). That's makes 30 years both wars and the rest . Of 34 trillions (maybe 850 billions per year only 150 billions more and make it 1 trillion every year goes to .war companies ) we sell weapons but wou, nt reached 850 billions

[mattmarrin]

Thanks Reagan, Bush, Clinton, W, Obama, Trump, Biden.

How can we be a great ecomony while 35trillion in debt??

[ep]

Borrowin 4 billion a day does that corrupt and bankrupt entity have any right telling anybody to pay them a penny

[db-jkdl]

End all foreign aid and military spending

[povertyspec]

Vote Democrat for more taxes, more regulations, ever growing government spending, more wars, higher prices on everything, interest rates through the roof, more immigrant invasion....

[quasarsavage]

say it with me boys: money printer goes

[JoseFernandez-cpcv]

The big question how much more can we borrow??? Or when The countries will tell us we aren't buying no more of your debt??? That

[itpsyvu]

Every American need to pay more taxes, all Americans including billionaires, and every day Americans! If we don’t pay down the debt, are dollars will be undesirable here and abroad, in turn become worthless! So this is a national security issues! The government has to do a better job at explaining this to the citizens of the United States!