Who owns this debt? Not only American citizens and investors, but also foreign governments like Japan and China, linking the entire world economy. 🌏

To complicate matters, Congress sets a "debt ceiling," and reaching it sparks heated political debates. 🏛️ This situation affects everyone, as it can increase borrowing costs for citizens and businesses.

The solution remains the center of ongoing debate: Should spending be cut or taxes increased? ⚖️