#USNationalDebt USNationalDebt #USNationalDebt #USNationalDebt The US National Debt represents the total amount of money that the federal government owes to creditors, both domestic and foreign. This debt is divided into public debt (Treasury bonds held by investors) and intragovernmental debt (funds borrowed between government agencies). The debt has grown significantly due to spending on defense, social programs, tax cuts, and emergencies such as the pandemic.