#USNationalDebt

The national debt of the United States represents the total amount of money that the federal government owes to its creditors. Reaching approximately $36.2 trillion in May 2025, it results from accumulated budget deficits when expenditures exceed tax revenues.

This debt is held by various entities, including domestic and foreign investors (such as Japan and the United Kingdom), as well as U.S. government agencies. The constant increase in debt raises concerns about its impact on the economy, particularly the rising interest payments, the potential for crowding out private investments, and its implications for future generations.