#USNationalDebt The United States national debt, also known as the public debt or government debt, has been a pressing concern in recent years. As of June 2024, the national debt stands at over $34 trillion, representing a significant portion of the country's GDP. This substantial debt burden raises concerns about the long-term sustainability of the nation's finances, potential economic instability, and the impact on future generations. Factors contributing to the growing debt include government spending, tax policies, and rising healthcare and social security costs. Addressing the national debt will require a comprehensive approach, including fiscal reforms and strategic budget management.
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