#USNationalDebt

The U.S. national debt refers to the total amount of money the federal government owes to creditors, both domestic and international. As of 2025, it has surpassed \$34 trillion, driven by consistent budget deficits, where government spending exceeds revenue. Major contributors include defense, healthcare, Social Security, and interest payments on existing debt. The debt is financed through the sale of Treasury securities. While some level of debt is considered normal for a growing economy, excessive borrowing can pose long-term risks, including higher interest rates and reduced fiscal flexibility. Economists debate the severity of the issue, with some warning of unsustainable paths, while others argue that as long as the U.S. maintains strong economic growth and global confidence, the debt remains manageable. Addressing the debt will likely require a combination of spending reforms and revenue increases. It remains a key political and economic challenge for future U.S. administrations.