#USNationalDebt

The U.S. national debt has surpassed 34 trillion USD, becoming a major concern for the global economy. The main reasons are high public spending, tax cuts, and low borrowing interest rates for an extended period. The increasing debt puts pressure on the budget, interest rates, and market confidence. In the long term, if not controlled, public debt could weaken the USD, cause financial crises, and hinder growth. The U.S. Congress needs to find a solution to balance revenues and expenditures to avoid the risk of bad debt and stabilize the economy.