#USNationalDebt The U.S. national debt has surpassed $34 trillion, raising concerns about the country’s long-term economic stability. This debt is the result of persistent budget deficits, where government spending exceeds revenue. Major contributors include defense, social security, Medicare, and interest payments. While borrowing helps fund essential programs and stimulate growth, excessive debt can lead to higher interest rates, inflation, and reduced investor confidence. Policymakers face tough decisions: either raise taxes, cut spending, or reform entitlement programs. If not managed wisely, growing debt may burden future generations and limit America’s global economic influence. Fiscal responsibility is more urgent than ever before.