#USNationalDebt

The US national debt currently stands at approximately $36.2 trillion. This figure represents the accumulated borrowing by the US Federal Government over the nation's history. It's a significant concern as it translates to roughly $106,000 per American.

Recent trends indicate a continuous rise, driven by factors like increased government spending (e.g., pandemic stimulus, defense), tax cuts, and growing interest payments on existing debt. Projections suggest the debt-to-GDP ratio, currently around 124%, will continue to climb, potentially hindering future economic growth and placing a larger burden on future generations through higher interest costs.