#USNationalDebt #USNationalDebt

The U.S. national debt represents the total amount of money the government owes, including domestic and international borrowing. It is a result of budget deficits where government spending exceeds revenue. The debt is financed by issuing Treasury bonds, bills, and notes. As of recent years, the debt has surpassed $31 trillion, raising concerns about economic sustainability, interest payments, and fiscal policy. However, some argue that managed debt supports economic growth.