#USNationalDebt USNationalDebt

The US national debt has reached record levels exceeding 37 trillion dollars, at a time when concerns are rising about the implications for the financial and economic stability of the United States and the world. This alarming increase is due to a combination of structural factors, chief among them an aging population and rising healthcare costs, which place enormous pressure on long-term government spending programs such as healthcare and retirement. Meanwhile, servicing the public debt through interest payments has become the fastest-growing item in the budget, with expectations that it will consume more than 13 trillion dollars over the next decade, which could undermine the government's ability to fund its future priorities. This is accompanied by serious warnings from prominent economists, who believe that the US financial system is approaching a critical point that could witness a crisis of confidence in the dollar and Treasury bonds, especially in light of the declining international enthusiasm for holding these bonds, as has recently occurred in some central banks. Additionally, the continued issuance of bonds with high yields to cover the deficit deepens the risks and threatens the stability of the entire debt market. Despite the government's efforts to contain the situation through regulatory measures and tax reforms, solutions appear limited without a clear political will to rein in spending and restore balance to the budget.