#USNationalDebt

The U.S. National Debt refers to the total amount of money the federal government owes to creditors, both domestic and foreign. As of 2025, it has surpassed $34 trillion, making it one of the most pressing economic issues facing the country. The debt is largely driven by budget deficits, where government spending exceeds revenue, often due to military expenses, healthcare programs like Medicare and Social Security, and interest on existing debt. The national debt is divided into public debt (held by investors) and intragovernmental holdings (owed to government trust funds). While some economists argue that debt can stimulate economic growth if used wisely, rising debt levels raise concerns about inflation, interest rate hikes, and the burden on future generations. Managing the debt responsibly is crucial for long-term financial stability.