#USNationalDebt

🔹 1. Public Debt

Money borrowed by the government from individuals, corporations, state/local governments, and foreign entities through Treasury securities (like bonds, notes, bills).

This is what most people refer to when they say "national debt."

🔹 2. Intragovernmental Holdings

Money the federal government owes itself — for example, funds borrowed from Social Security and other trust funds.

🇺🇸 Current U.S. National Debt (as of mid-2025):

The total debt is over $34 trillion, and growing. (For exact real-time data, visit the U.S. Debt Clock).

📈 Why the Debt Grows:

Deficit Spending – when the government spends more than it collects in taxes.

Interest Payments – debt generates interest, which adds to the annual budget.

Economic Crises – e.g., COVID-19 stimulus, bank bailouts, wars.

Aging Population – more spending on Medicare, Social Security.

⚠️ Potential Risks:

Rising interest costs (makes future spending tighter)

Inflation risks (if debt is monetized)

Reduced investor confidence

Weaker dollar over time

✅ Why It’s Still Sustainable (for now):

The U.S. dollar is the world’s reserve currency.

U.S. Treasury bonds are still considered safe-haven assets.

The U.S. economy is still the largest in the world.

Would you like:

A chart of the U.S. national debt growth over time?

An explanation of how it compares to GDP?