Seems like we should probably blow this thing out of the sky as an act of aggression from a foreign power in our airspace.

But I guess our brave president has it under control.

They are not going to tell you where it is, but don't worry, you are free to use your own eyes, they say!

The balloon can also apparently maneuver:

How do you feel knowing that your government is allowing a spy balloon to hang 60,000 feet over your family's heads?