#USNationalDebt

The US national debt is approximately $36.214 trillion, with each man, woman, and child owing around $106,482.53. Here's a breakdown of the debt ¹:

- *Total Public Debt*: $28.905 trillion

- *Intragovernmental Holdings*: $7.309 trillion

The US national debt has been growing steadily over the years. To put this into perspective, in:

- *2010*: The national debt was $13.178 trillion

- *2004*: The national debt was $7.379 trillion

- *1999*: The national debt was $5.656 trillion

The debt is owed to various entities, including ¹ ²:

- *Domestic investors*: US citizens, banks, and financial institutions

- *Foreign countries*: Notably, Japan and China, which hold significant US Treasury securities

- *Government trust funds*: Programs like Social Security

The growing national debt is attributed to factors such as ³:

- *Demographics*: An aging population and increased pressure on programs like Social Security and Medicare

- *Rising healthcare costs*: The US healthcare system is the most expensive in the world

- *Inadequate revenues*: The US tax system doesn't generate enough revenue to cover spending

To address the national debt, potential strategies include ²:

- *Increasing revenue*: Through higher taxes or improved tax collection

- *Cutting government spending*: On programs or projects

- *Promoting economic growth*: To boost GDP and lower the debt-to-GDP ratio