#USNationalDebt
๐ U.S. National Debt: A Growing Storm? ๐บ๐ธ
The U.S. national debt has crossed $34 trillion, and it's rising fast. Thatโs over $100,000 per citizen.
๐น Why it matters: โข More debt = more interest payments (over $1 trillion/year now!)
โข Less room for essential spending
โข Future generations may bear the burden
๐งพ Where does it come from? โข Military & defense
โข Healthcare & Social Security
โข Interest on existing debt
โข Emergency spending (like COVID relief)
๐ Whatโs next? Economists warn of long-term risks if spending isnโt reined in or revenue isnโt increased. But cutting debt without hurting growth? Thatโs the big challenge.