#USNationalDebt The U.S. national debt has surged past $35 trillion, reflecting years of accumulated budget deficits and rising interest payments. Driven by pandemic-era stimulus, defense spending, and entitlement programs like Social Security and Medicare, the debt continues to climb amid political gridlock over fiscal reforms. Interest on the debt alone now rivals major government expenditures, straining the federal budget. Economists warn that if left unchecked, rising debt levels could pressure inflation, weaken the dollar, and limit future economic growth. While some argue strategic borrowing boosts long-term investment, others call for spending cuts and tax reform. Balancing growth and responsibility remains a key challenge for policymakers navigating America's fiscal future.
