US National Debt

The US national debt is the total amount of money borrowed by the federal government to cover its budget deficit. It is divided into domestic debt (held by US government entities) and foreign debt (held by countries and global investors). The public debt of the United States exceeded 34 trillion dollars in 2025, due to several factors such as wars, financial crises, and economic stimulus plans, especially after the Corona pandemic. This debt is financed through the sale of treasury bonds. The continued rise in debt could negatively impact the US economy by increasing interest rates and reducing investor confidence. However, the US dollar remains a global reserve currency, giving the US government greater ability to manage this debt compared to other countries.