#USNationalDebt The U.S. national debt has surpassed **$34 trillion**, raising concerns about long-term economic stability. Driven by deficit spending, tax cuts, and rising entitlement costs, the debt-to-GDP ratio exceeds **120%**. The Congressional Budget Office (CBO) warns that unchecked growth could lead to higher interest rates, inflation, and reduced fiscal flexibility. Political debates persist over solutions, including spending cuts, tax reforms, or debt ceiling adjustments. Economists emphasize the need for sustainable policies to avoid a fiscal crisis. While the U.S. benefits from the dollar's reserve currency status, mounting debt poses risks to global markets and future generations.