EconomyInFocus

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#USNationalDebt
#USNationalDebt is the total money the U.S. govt owes. Affects economy, taxes, and policy. #Debt #USA #Finance #EconomyInFocus #BudgetDeficit #GovtSpending

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#USNationalDebt

The national debt of the USA continues to soar, reaching over **$36.2 trillion USD as of May 2025**. This is a record amount that exceeds the combined annual GDP of many large economies around the world. The debt is increasing by approximately $1 trillion every three months, highlighting structural fiscal issues.

The main reasons include high government spending (particularly on social programs and defense), as well as tax cuts that are not offset by revenue growth. The rising debt leads to **increased servicing costs** (interest payments already exceed $776 billion per year), which limits opportunities for investment in key areas. Experts warn of a potential **negative impact on economic growth**, rising inflation, and a decrease in the standard of living in the long term.

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