Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor. Debt may be owed by a sovereign state or country, local …

Dec 1, 2025 · U.S. debt: The U.S. now owes over $38 trillion, about $114,000 per citizen. Debt jumped $1 trillion in two months. Rising deficits and soaring interest costs are fueling concerns. The dollars …

Jun 28, 2025 · What Is Debt? Debt is a financial obligation that must be repaid. In the modern world, a debt may be a large sum of money borrowed for a major purchase and repaid over time with interest.

5 days ago · The most likely solution to the U.S. debt crisis is severe austerity triggered by a fiscal calamity, former White House economic adviser says

Jan 16, 2023 · Ready to say goodbye to debt? When you sign up for a DMP, we work with your creditors to lower interest rates and monthly payments and find a plan that works for you.

We help free people, like you, from a lifetime of mounting debt. The Trinity team will work with you and your creditors to reduce interest and eliminate late fees by as much as 60 percent.

Sep 30, 2025 · If you’re worried about how to get out of debt, here are some things to know — and how to find legitimate help. Where do I start? A budget is a roadmap to plan your finances and keep track …

Mar 4, 2024 · In short, debt is the money you owe to someone or something. It's money that you borrowed and must pay back, according to the Consumer Financial Protection Bureau.

Dec 4, 2025 · You can find a live US debt clock at us-debt-clock.com - our free, real-time debt tracking website. It displays the current national debt updated every second, debt per citizen, debt per …

The federal government currently has $38.39 trillion in federal debt. Learn how the national debt works and how it impacts you.