#USNationalDebt The U.S. National Debt refers to the total amount of money that the federal government of the United States owes to creditors. This debt is composed of two main parts:

1. Public Debt: Money borrowed from external investors like individuals, corporations, foreign governments, and other institutions.

2. Intragovernmental Holdings: Debt the federal government owes to itself, mainly through programs like Social Security and Medicare trust funds.

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🔢 Current Status (as of June 2025):

Total National Debt: Over $34.8 trillion

Debt-to-GDP Ratio: ~123% (meaning the U.S. owes more than its total economic output in a year)

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💡 Key Causes of Debt Growth: