#USNationalDebt

The U.S. national debt has surpassed $34 trillion, raising concerns over economic stability and future fiscal policies. This debt includes public debt and intragovernmental holdings, increasing due to high government spending, tax cuts, and interest payments. 📊 Rising interest rates further strain the budget, with a growing portion allocated to debt servicing. 📈 Critics warn of long-term consequences like inflation, reduced investor confidence, and burden on future generations. ⚠️ Meanwhile, others argue that borrowing can fuel growth if managed wisely. Balancing economic growth with fiscal responsibility remains a pressing challenge for the U.S. government and policymakers. 🇺🇸💼