#USNationalDebt #USNationalDebt

The U.S. national debt has surpassed $34 trillion, reflecting years of deficit spending, economic stimulus, and rising interest costs. This debt is the total amount the federal government owes to creditors, including the public and other government agencies. Key drivers include military spending, entitlement programs like Social Security and Medicare, and tax cuts without offsetting revenue. As interest payments grow, they increasingly burden the federal budget. Economists warn that without structural reforms or increased revenue, the debt could threaten long-term economic stability. However, some argue that U.S. borrowing remains sustainable due to its strong credit rating and global demand for Treasury bonds.