#USNationalDebt #USNationalDebt

The U.S. national debt has surpassed $34 trillion, reflecting decades of cumulative budget deficits, rising interest payments, and major federal expenditures. Driven by spending on Social Security, Medicare, defense, and pandemic relief, the debt continues to outpace revenue growth. As interest rates rise, so does the cost of servicing this debt, putting pressure on future budgets and economic stability. Lawmakers remain divided on solutions, with debates intensifying over spending cuts, tax reforms, and debt ceiling limits. Economists warn that without sustainable fiscal policies, the growing debt could undermine the country’s long-term financial credibility and economic resilience.