#USNationalDebt WHAT IS IT? "US National Debt" refers to the total accumulated amount of loans that the government of the United States has incurred to finance its operations and cover budget deficits over time. In other words, it is the sum of all past budget deficits — when government spending exceeds revenues — that have been financed over the years through the issuance of Treasury securities and other debt instruments.

This debt is basically divided into two components:

Public Debt: These are the securities and other financial instruments issued by the government and held by investors, foreign governments, banks, and other institutions. This part represents the resources raised in the market to finance the government's needs.

Intragovernmental Debt: This consists of amounts owed between different agencies and government funds — for example, in social security programs — that also make up the total debt.

Although the high level of this debt may raise concerns, such as increased financing costs and pressures on the public budget to pay interest, it also reflects market confidence in the ability of the US to meet its financial commitments, as US Treasury securities are considered one of the safest investments in the world.

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