national debt

noun

: the total amount of money that the government of a country owes to companies, countries, etc.

Examples of national debt in a Sentence

Recent Examples on the Web

Fiscal hawks in the GOP would normally insist on a plan to make sure new tax cuts don’t increase the annual budget deficit and the long-term national debt. —Doyle McManus, Los Angeles Times, 27 May 2024

The ballooning national debt dovetails with persistent inflation and dwindling excess savings for consumers and small businesses alike—both issues that Dimon believes the global institutions have been lackadaisical about addressing. —Paolo Confino, Fortune, 21 May 2024

How would my hero Alexander Hamilton feel about the massive national debt that is out of control destroying our dollar, and wrecking state, county and our personal budgets? —Christopher Eric Bouchat, Baltimore Sun, 17 May 2024

Interest payments on the national debt have now surpassed, individually, military, Medicare and Medicaid spending, according to the nonpartisan Committee for a Responsible Federal Budget. —The Editorial Board, Orange County Register, 16 May 2024

That sum includes both the lost revenue from the extensions and the additional interest being paid on a higher national debt. —Josh Boak, Fortune, 10 May 2024

And finally, with the $34 trillion national debt weighing on the federal government’s budget, Sternlicht argued that Chair Powell will want to lower interest rates to reduce interest costs. —Will Daniel, Fortune, 8 May 2024

However, critics say it’s led to record-high national debt of $34 trillion, a result of all the government spending. —Paolo Confino, Fortune, 7 May 2024

During the fiscal year that ended last October, the U.S. government spent $659 billion on interest to service our national debt. —Neal B. Freeman, National Review, 6 May 2024