#USNationalDebt The U.S. national debt has surpassed $34 trillion, reflecting decades of fiscal deficits and increasing interest obligations. Driven by massive pandemic spending, tax cuts, and defense budgets, the debt continues to grow despite political debates over spending limits. Servicing the debt now consumes a significant portion of federal revenue, raising concerns about long-term sustainability and economic impact. Rising interest rates amplify the burden, threatening future investment in infrastructure, healthcare, and education. Economists warn that without structural reforms—such as entitlement adjustments or tax policy changes—the debt trajectory may weaken the dollar’s global position and jeopardize financial stability over time.