#USNationalDebt

The U.S. national debt exceeds $34 trillion as of mid-2025, driven by decades of deficit spending, tax cuts, wars, economic crises, and expanding entitlement programs. It includes public debt held by investors and intragovernmental holdings. Interest payments alone are now one of the largest federal expenditures. While the U.S. benefits from global trust in the dollar and its ability to borrow, growing debt raises concerns about inflation, reduced fiscal flexibility, and long-term economic stability. Political debates continue over spending cuts, tax reforms, and debt ceiling limits, as economists warn of potential consequences if the debt remains unchecked or poorly managed.