#USNationalDebt
The U.S. national debt is the total amount the federal government owes to creditors.
It includes both public debt (held by individuals and institutions) and intragovernmental holdings.
As of 2025, it exceeds $34 trillion due to decades of budget deficits.
Major contributors include defense spending, social programs, tax cuts, and interest payments.
High debt can impact economic growth, interest rates, and future fiscal policy.
