#USNationalDebt The U.S. national debt currently stands at over $36.2 trillion. This figure represents the total accumulated borrowing by the federal government throughout history, covering budget deficits when spending exceeds revenue.

Recent trends show a significant increase, particularly due to large-scale spending during the COVID-19 pandemic and rising interest rates on borrowed money. Interest payments alone are now a substantial portion of the federal budget, exceeding defense spending. This growing debt raises concerns about future economic stability, with implications for economic growth and the burden on future generations.