$BTC As of 2025, the U.S. national debt exceeds $34 trillion, reflecting years of budget deficits where government spending outpaced revenue. Key drivers include defense, Social Security, Medicare, and interest on existing debt. The COVID-19 pandemic and stimulus packages accelerated borrowing. Rising interest rates now make debt servicing more costly, consuming a growing portion of the federal budget. Economists debate its impact: some warn of inflation, reduced investment, and a potential fiscal crisis, while others argue the U.S. can sustain high debt due to its global financial dominance. Long-term concerns center on how to manage debt without undermining economic growth or essential public services. Balancing fiscal responsibility with national priorities remains a key challenge for lawmakers. #USNationalDebt