US NATIONAL DEBT ALERT! 🚨💸
The Numbers:
- Total debt: $36.56 TRILLION (as of March 6, 2025)
- Debt held by the public: $29 TRILLION (77% of GDP)
- Intragovernmental holdings: $7.4 TRILLION (owed to trust funds like Social Security)
What's Driving the Debt?
- Demographics: Aging population & baby-boom generation
- Rising healthcare costs
- Interest payments
Consequences:
- Debt projected to rise to 116% of GDP by 2034
- Growing debt burden
Potential Solutions:
- Increase revenue (taxes or tax collection)
- Cut government spending
- Promote economic growth
Let's Discuss!
- What do you think about the US national debt?
- Share your thoughts! 💬
