The national debt of the United States currently exceeds $36 trillion dollars. According to data from the U.S. Department of the Treasury and the U.S. national debt clock, the exact figure varies constantly, but it is within this range.

Breakdown:

Total debt:

Exceeds $36 trillion dollars.

Growth:

The debt has increased significantly in recent years, especially during the COVID-19 pandemic.

Interests:

A significant portion of federal spending is allocated to paying interest on this debt, and this item is growing rapidly.

Public and private debt:

The national debt includes both public debt (held by other countries and institutions) and intragovernmental debt (between government agencies).

Sources of debt:

Budget deficit:

Debt increases when the government spends more than it receives from taxes.

Bond sales:

To finance spending, the government issues Treasury bonds that are purchased by investors, generating debt.

Unforeseen events:

The pandemic and other emergencies may require additional spending that increases the debt.

Concerns:

Burden on future generations:

The increase in national debt raises concerns about how it will be paid in the future and the impact on future generations.

Fiscal sustainability:

There is a growing concern about the long-term sustainability of U.S. public finances.

Economic risks:

A high level of debt can lead to economic instability and affect confidence in the U.S. economy

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