#USNationalDebt The U.S. national debt has surpassed $34 trillion, raising concerns over long-term economic stability. It includes debt held by the public and intragovernmental holdings. Rising interest rates increase the cost of servicing this debt, putting pressure on the federal budget. Critics warn this could weaken the dollar and reduce investor confidence. However, some economists argue that as long as the economy grows, high debt can be manageable. The key challenge remains balancing fiscal policy—spending vs. revenue. Global investors still view U.S. Treasuries as safe assets, but sustained deficits may pose risks in the future.