#USNationalDebt #USNationalDebt
The U.S. national debt has surpassed $34 trillion, sparking concerns among economists and policymakers. This debt accumulates from years of budget deficits, where government spending exceeds revenue. Key drivers include defense, healthcare, Social Security, and interest payments. Rising debt can impact inflation, interest rates, and the country’s ability to respond to economic crises. While some argue that debt can fuel growth if managed wisely, excessive borrowing poses long-term risks to financial stability. As the Federal Reserve navigates monetary policy, the national debt remains a pressing issue for the U.S. economy, demanding serious attention from both Congress and the public.