#USNationalDebt

The US national debt has reached a record level exceeding 35 trillion dollars for the first time, according to the US Department of the Treasury. To put this number into perspective, it is approximately equivalent to $129,000 for every taxpayer or about $93,000 for each citizen.

*Details of the US National Debt:*

- *Total Debt:* Over 35 trillion dollars

- *Foreign Entities:* Approximately 9.7 trillion dollars (previous data)

- *Domestic Entities:* Approximately 4.6 trillion dollars (previous data)

- *Daily Increase:* Approximately 3.85 billion dollars

- *Comparison to GDP:* About 98% of the national GDP (based on 2011 data)

*Who owns the US debt?*

While the exact distribution may have changed, historically, the largest foreign holders of US debt have been [1][2]:

- *China*

- *Japan*

- *United Kingdom*

The increasing national debt has raised concerns about the country's financial stability and the potential effects on the global economy. Contributing factors to this debt include government spending, budget deficits, and economic policies [4].$BTC