#USNationalDebt

The national debt of the United States is one of the most frequently discussed topics in the global economy. It currently exceeds 34 trillion dollars and continues to grow. What does this mean for the average citizen? Increasing budget expenditures, a rise in taxes in the future, and a potential threat to the stability of the dollar as a reserve currency. The debt is a result of both military spending and long-term social programs that have not been balanced by corresponding revenues. The rise in interest that the government must pay also impacts the finances of other countries that purchase American bonds. Will the USA emerge from this debt? It depends on policy, reforms, and global trust in the dollar.