#USNationalDebt The #USNationalDebt refers to the total amount the United States federal government owes to creditors. It results from the government borrowing money to cover budget deficits—when spending exceeds revenue. As of now, the debt is over $34 trillion, and rising. A large portion is held by the public (investors, countries like China and Japan), and the rest is intra-governmental (like Social Security). High debt can lead to higher interest rates, inflation risks, and economic instability. Debates over raising the debt ceiling often spark political conflict. Managing the debt is crucial for long-term economic growth and global financial confidence.