The #USNationalDebt refers to the total amount of money that the United States federal government owes to creditors. This includes both:

Public Debt – Money borrowed from external lenders such as individuals, corporations, foreign governments, and institutional investors.

Intragovernmental Holdings – Money borrowed from government programs like Social Security and Medicare trust funds.

🔢 Current Status (as of mid-2025):

Total Debt: Over $34 trillion

Debt-to-GDP Ratio: Around 120%, meaning the debt is larger than the country’s entire annual economic output.

🧾 Why Does the U.S. Borrow?

To fund programs when tax revenues aren’t enough (e.g., Social Security, defense, infrastructure)

To manage economic crises (like COVID-19 stimulus packages)

To cover budget deficits (when yearly spending exceeds income)

⚠️ Key Concerns:

Rising interest payments on the debt

Potential credit rating downgrades

Long-term pressure on future generations

Reduced ability to fund other services.