#USNationalDebt

Topic #USNationalDebt (U.S. National Debt) is one of the most sensitive and impactful economic and political issues, with local and global implications. Here’s a simplified overview:

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🔹 What is the U.S. National Debt?

It is the total amount of money borrowed by the U.S. federal government to cover the budget deficit, which is the difference between revenues (such as taxes) and expenses (such as spending on defense, social security, healthcare, etc.).

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🔹 Components of the Debt:

It is divided into two main types:

1. Public Debt: The bonds issued by the government in the market, which are purchased by individuals, institutions, or countries.

2. Intragovernmental Holdings: The money borrowed by the government from itself, such as social security trust funds.

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