The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran.
The unprecedented figure highlights competing administration priorities, from passing a massive tax law and boosting defense spending and immigration enforcement to chipping away at the debt itself — the latter of which Donald Trump promised to do as both a candidate and as president.



Other countries have discussed calling the US on their debt, so a default isn’t a preposterous assumption to make.
But it’s all imaginary money and all countries could just decide to reset the counters to 0 if they wanted to.