About the episode: The United States federal government spends far more than it takes in each year—leaving us with a staggering $37+ trillion national debt. But how exactly does the government fund this massive deficit? In this episode of the Monday Money Tip Podcast (#348), Joe and Megan break down:

How much the U.S. spends vs. how much it earns

What a trillion dollars really means

The role of the U.S. Treasury and the debt ceiling

Treasury auctions (Bills, Notes, Bonds, TIPS, and FRNs)

The part played by Primary Dealers and the Federal Reserve

Whether the government could ever run out of buyers for its debt

We'll also tackle the big questions:

👉 How much debt is too much?

👉 Why doesn't the U.S. balance its budget?

👉 What can citizens do if they're concerned?

📊 Sources Mentioned in This Episode:

U.S. Debt Clock: https://usdebtclock.org/

Current Primary Dealers List: https://www.newyorkfed.org/markets/primarydealers

If you've ever wondered how the government keeps funding its "crazy spending," this episode gives you the inside scoop. 💡

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#348: $37 Trillion in Debt?! How the U.S. Government Really Borrows Money