#USNationalDebt

Here’s a brief summary of the U.S. national debt:

🇺🇸 U.S. National Debt:

•Over $34.8 trillion (as of June 2025)

•Grows due to government spending > tax revenue

🔺 Why it’s rising:

•Interest on debt

•Military spending

•Social programs (Medicare, Social Security)

•Tax cuts + economic relief bills (COVID, etc.)

⚠️ Concerns:

•Higher interest payments

•Risk to credit rating

•Pressure on future budgets

•May reduce economic flexibility

📊 Debt-to-GDP ratio:

•Around 120% (very high historically)