#USNationalDebt

The U.S. national debt is the total amount of money the federal government owes to creditors, both domestic and foreign. As of 2025, it exceeds $34 trillion, driven by years of budget deficits where government spending surpassed revenue. Major contributors include defense spending, Social Security, Medicare, and interest payments. The debt is financed through Treasury securities. While manageable in a strong economy, high debt levels can lead to increased borrowing costs and reduced fiscal flexibility. Economists debate the long-term impact, with some warning of risks to economic stability, while others argue it’s sustainable if the economy continues to grow steadily.

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