The national debt is a serious concern, but reporting the latest numbers as insolvency (which would imply the US has begun not paying debts) is the worst kind of yellow journalism. " it's the conclusion drawn directly from the Treasury Department's own consolidated financial statements" So it's the conclusion someone drew because they want attention and clicks. Utter garbage. The United States government, whatever you think of its fiscal trajectory, continues to service its debt in full and on time. It has not defaulted, missed payments, or entered any legal insolvency process. Even in the stricter "balance sheet" sense sometimes used, governments have taxation authority and monetary sovereignty which makes asset-vs-liability comparisons misleading.
Furthermore treasury financial statements do not "declare" insolvency in the colloquial or operational sense; they present long-term fiscal imbalances under specific accounting frameworks. Translating that into "the U.S. is insolvent" is like saying a homeowner is insolvent because their lifetime projected expenses exceed current assets, while they continue to pay every bill on time. As even basic financial definitions note, insolvency implies distress severe enough to impair payment ability, not an unfavorable long-term projection.