#USNationalDebt
The U.S. national debt exceeds \$34 trillion, driven by persistent budget deficits where government spending outpaces revenue. Key contributors include defense, Social Security, Medicare, and interest on existing debt. Rising debt levels raise concerns about inflation, interest rates, and long-term economic stability. As borrowing costs grow, a larger share of the federal budget goes toward servicing debt, potentially crowding out other priorities. Policymakers face pressure to balance economic growth with fiscal responsibility. The national debt continues to spark debate on tax policy, entitlement reform, and government spending, especially as the U.S. approaches key debt ceiling and budget negotiation milestones. #USNationalDebt