#USNationalDebt

The U.S. National Debt is the total amount of money that the U.S. federal government has borrowed to cover the budget deficit. Currently, this debt exceeds 34 trillion dollars and continues to increase due to significant government spending on social programs, defense, and interest payments. 🏦📉

The debt is divided into two types:

1. Public Debt – purchased by institutions and individuals (such as bonds).

2. Internal Debt – owed to government entities such as Social Security.

The continuous rise in debt raises concerns about inflation and potential tax increases in the future. However, the United States is considered an economically strong country, and nations continue to purchase its bonds, providing it with relative stability. 💵🇺🇸

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