#USNationalDebt #USNationalDebt

The U.S. national debt has surpassed $34 trillion, driven by decades of government spending exceeding revenue. It reflects the total amount the federal government owes to creditors, including foreign governments, institutions, and individuals. Major contributors include defense spending, Social Security, Medicare, and interest payments. The rising debt raises concerns about inflation, higher interest rates, and reduced fiscal flexibility. While borrowing can stimulate growth during downturns, long-term debt accumulation can burden future generations. Policymakers face increasing pressure to address deficits through tax reform, spending cuts, or economic growth initiatives. The national debt remains a central issue in U.S. economic and political debates.