#USNationalDebt
The US national debt is the total amount of money the United States government owes to creditors. It accumulates when the government spends more than it collects in revenue, borrowing to cover the difference. This debt includes money borrowed from individuals, businesses, and foreign governments through the issuance of Treasury bonds, notes, and bills. The national debt impacts the economy, influencing interest rates and government spending. Managing it requires balancing economic growth with fiscal responsibility. High debt levels can lead to challenges in funding public services and can affect the country’s credit rating.