#USNationalDebt The US national debt has surpassed $35 trillion for the first time, according to the US Treasury Department. This staggering figure represents a significant increase from previous years, with the debt growing by billions of dollars daily. To put this into perspective ¹:

- *Total Debt:* Over $35 trillion

- *Daily Increase:* Approximately $3.85 billion

- *Per Capita Debt:* Around $129,000 per taxpayer

- *Foreign-Owned Debt:* Approximately $9.7 trillion, with major creditors including China and Japan

The growing national debt has raised concerns about the country's financial sustainability and potential risks to the global economy. Some of the implications include ¹:

- *Higher Interest Rates:* Increased borrowing costs for the government and consumers

- *Reduced Credit Rating:* Potential downgrades in the US credit rating, making borrowing more expensive

- *Economic Instability:* Risks to economic growth, stability, and the value of the US dollar

It's essential to stay informed about the US national debt and its implications for the economy and individuals.