#USNationalDebt
The US national debt is the total amount of money borrowed by the federal government to cover its annual budget deficits. Currently, the debt has grown to over $30 trillion, with an increase of $2.41 trillion in the last 365 days alone. This debt is financed through government securities like Treasury bills and bonds. The national debt has two components: public debt, owned by individuals and foreign governments, and intragovernmental debt, held within the US government. The growing national debt poses significant financial burdens, limiting funding for government programs and potentially impacting the US economy.¹#USNationalDebt #MarketPullback #PowellVsTrump #traderleague