#USNationalDebt

The U.S. national debt represents the total amount of money the federal government owes to creditors, both domestic and international. It has surpassed $34 trillion, driven by decades of budget deficits, major spending programs, and interest payments. The debt is financed through Treasury securities, which are considered safe assets globally. Rising debt raises concerns about inflation, interest rates, and long-term economic stability. While borrowing can support growth and emergency spending, unchecked increases may limit future policy options. Policymakers face the challenge of balancing fiscal responsibility with the need for investment in infrastructure, defense, healthcare, and other public services.