Sure we do. Dubya has to borrow money from foreign nations to increase all those government service jobs.
So does every other country. What's the world to do when the world bank calls in all it's debts to all the countries in the world?
As far as the national DEBT is concerned, It's been much higher than it is now, and in fact percentage wise, it's less than it has been, well within perameters. No worries.