#USNationalDebt

The U.S. national debt refers to the total amount of money the federal government owes to creditors. It accumulates when government spending exceeds revenue from taxes and other sources. As of 2025, the debt exceeds $34 trillion, growing due to spending on defense, healthcare, social programs, and interest payments. The debt is financed through Treasury bonds purchased by individuals, institutions, and foreign governments. While manageable for now, rising debt may lead to higher taxes, reduced public services, or economic instability in the future. Responsible budgeting and long-term fiscal reforms are essential to ensure the nation’s financial health and stability.