ChainCatcher news, as reported by Bitcoin Magazine, the national debt of the United States has exceeded $36 trillion for the first time in history.

According to ChainCatcher news and reported by Cointelegraph, former U.S. President Trump stated in the latest episode of the Joe Rogan podcast that if he returns to the White House in 2024, he will seriously consider eliminating federal income tax and instead adopting tariffs on imported goods as the main source of government revenue. Trump cited the successful case of tariff policies during President McKinley's era in the 1890s, claiming that government revenue was so abundant at that time that a special blue ribbon committee was established to study funding usage plans.Previously, Trump hinted in an interview with Fox News that the current $35 trillion national debt issue could be resolved by "giving creditors some Bitcoin." Asset manager Bryan Courchesne stated that while establishing a Bitcoin strategic reserve in the U.S. is challenging, it is not impossible. The Department of Justice could transfer approximately 200,000 Bitcoins that have been seized to the Treasury as reserve assets and continue to accumulate digital currency to build a Bitcoin strategic reserve, although this process may face cumbersome administrative procedures.

ChainCatcher news, according to Bitcoin.com, former U.S. President and Republican presidential candidate Donald Trump stated during an interview with Fox Business Channel on Friday that if the U.S. does not embrace cryptocurrency, China and other countries will, "so we better get ahead of it."He added, "Who knows, maybe we will pay off our $35 trillion (national debt) with a little cryptocurrency check. Give them a bit of Bitcoin and wipe out our $35 trillion." He also pointed out that the market value of cryptocurrency has surpassed that of many companies and countries. "This is already a big deal; it's a different form of currency that will ultimately benefit the nation."

ChainCatcher news, according to Cointelegraph, former U.S. President Trump mentioned in an interview with Fox that Bitcoin or "crypto checks" could be used to pay off the U.S. government's debt of up to $35 trillion and avoid an imminent debt crisis. "Who knows, maybe we will pay off $35 trillion of (national debt), give them a little crypto check, right? We will give them a bit of Bitcoin and wipe out our $35 trillion."

ChainCatcher news, friendly U.S. Senator Cynthia Lummis posted on X platform stating that the U.S. national debt has reached $35 trillion, and Bitcoin's strategic reserve can stop this out-of-control train.This week, U.S. national debt has surpassed $35 trillion for the first time. According to the Congressional Budget Office, as spending and interest expenses grow beyond tax revenue, the national debt is projected to reach $56 trillion by 2034.