#USNationalDebt
*US National Debt:*
- Current debt: $36.2 trillion
- Each citizen's share: $106,000
- Growing due to budget deficits, demographics, healthcare costs, and inadequate revenues
- Consequences: increasing interest payments, reduced resources for investment, potential economic burden
*Key Stats:*
- Daily interest payments: $2.6 billion
- Projected debt-to-GDP ratio: 116% by 2034
- Interest payments to surpass Medicare and defense spending in 2024.