The U.S. is in a record amount of debt. (That’s the national debt, the total amount the federal government owes its creditors.)
And now the $34 trillion question: Should we change our hard-charging ways, or should we stop worrying and learn to love the debt?
How high should the government’s debt be? Is it bad to be in a lot of debt? Should we make painful cuts to bring the debt down? These are questions coming up a lot lately, as the government comes up against another budget deadline in early March. Yet again, Congress will have to come to a budget agreement or risk a government shutdown.
How much do we owe, anyway?
The U.S. national debt totals about $34 trillion.
“That is a really hard number to really understand, right?” said Rachel Snyderman, the director of economic policy at the Bipartisan  Policy Center in…
