The U.S. national debt has reached record levels exceeding $37 trillion, amid rising concerns about the implications for the financial and economic stability of the United States and the world. This alarming increase is attributed to a combination of structural factors, primarily an aging population and rising healthcare costs, which put immense pressure on long-term government spending programs such as health insurance and retirement. Concurrently, servicing the national debt through interest payments has become the fastest-growing item in the budget, with expectations to consume over $13 trillion in the next decade, which could undermine the government's ability to fund its future priorities.