#USNationalDebt
As of 2025, the U.S. national debt exceeds $34 trillion, raising concerns about fiscal sustainability. This debt accumulates from government borrowing to cover budget deficits—when spending surpasses revenue. Key drivers include defense, healthcare, and social security expenditures. Interest payments alone consume a significant portion of the federal budget. Economists debate the long-term impact, with some warning of inflation and reduced economic growth, while others argue strategic borrowing can stimulate the economy. The debt ceiling remains a contentious political issue, often leading to congressional standoffs. Managing this growing debt is critical for maintaining global investor confidence in the U.S. economy.