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#USNationalDebt Refers to the total amount of money that the federal government of the United States owes to its creditors. This debt accumulates when the government spends more than it collects in taxes, creating a budget deficit that must be financed through borrowing.
It is a matter of great economic and political importance, as it affects interest rates, inflation, and the financial stability of the country, as well as its ability to fund programs and services in the future.
It is a matter of great economic and political importance, as it affects interest rates, inflation, and the financial stability of the country, as well as its ability to fund programs and services in the future.
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