#USNationalDebt refers to the total debt incurred by the *U.S. federal government* as a result of borrowing to cover the deficit between government spending and public revenues. The U.S. national debt currently exceeds *34 trillion dollars* and continues to rise due to massive expenditures on healthcare, defense, and social programs, along with tax cuts in previous periods. This debt is financed by selling government bonds and treasury bills to domestic and foreign investors. The national debt raises concerns among economists about its impact on financial stability, inflation, and long-term interest rates. Nevertheless, the U.S. dollar is still viewed as a globally reliable currency, enhancing America's borrowing capacity.