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The U.S. national debt has surpassed $34 trillion, reflecting a growing concern for the economy and future generations. This debt is the result of years of government spending exceeding revenue, driven by military expenses, social programs, and tax cuts. As interest rates rise, so does the cost of servicing this debt, putting additional pressure on the federal budget. Economists warn that unchecked debt could lead to inflation, reduced public investment, and slower economic growth. While some argue that strategic borrowing is necessary for development, many emphasize the need for fiscal reform and sustainable economic policies to manage the debt responsibly.