$BTC The U.S. national debt refers to the total amount of money the federal government owes to creditors. It increases when government spending exceeds revenue, leading to borrowing through Treasury bonds and securities. As of recent years, the debt has surpassed $34 trillion, raising concerns about long-term economic stability. High debt can impact interest rates, inflation, and limit the government’s ability to fund future programs. Managing the national debt requires balanced budgeting, responsible spending, and economic growth. Citizens and policymakers alike must understand its implications for future generations. The national debt remains a key issue in U.S. economic policy discussions.j