Virtually NO country operates without 'sovereign debt'...the issue is how much of GDP that debt

represents...that's our current problem. It's not in a nation's 'interest' (pardon the pun) to seek zero debt. (Google Investopedia to understand why).

Once you appreciate the real issue we can continue this conversation....

btw, note the substantial rises in our national debt in the Chart Image, after 1) Reagan's Tax Cuts...2) Bush's Tax Cuts...3) Obama's Rescue from the "Great Recession"...and 4) Trump's Tax Cuts and Biden rescue from COVID-19 pandemic. Again..........until the GOP learns Economics and accepts Tax Increases on Corps and the Wealthiest Americans. our Debt Crisis is only going to get worse...i.e. the ball is in your group's court.

Link: https://www.investopedia.com/updates/usa-national-debt/