#USNationalDebt The U.S. national debt has surpassed $34 trillion, driven by persistent budget deficits and rising interest costs. Major contributors include defense spending, Social Security, Medicare, and recent economic stimulus packages. Interest payments alone are projected to exceed $1 trillion annually, challenging fiscal sustainability. The debt-to-GDP ratio remains historically high, raising concerns among economists about long-term economic stability. While the U.S. continues to attract global investors due to its strong credit rating and the dollar’s reserve status, political gridlock over debt ceiling negotiations adds uncertainty. Calls for spending reforms and increased revenue measures are growing, but substantial changes face political resistance amid economic and electoral pressures.