Here are the figures from the Treasury website. Note the difference between 1-20-09 and 2016. That intergovernmental debt is the value of bonds held by the Social Security Trust Fund and other government trusts, but mostly Social Security. So when you hear about the deficit being reduced that’s true, but we are still adding to the debt every day. As interest rates rise the money we spend to service this debt will increase.
Now you see the facts.