#USNationalDebt The US national debt is about $36 trillion. It's the total amount of money the government owes to others. Here's a breakdown:
- The government spends more than it earns through taxes.
- It borrows money to cover the difference.
- Over time, this adds up to a huge debt.
- The government pays interest on this debt, which can be billions of dollars each year.
- If the debt grows too big, it can cause economic problems.
Think of it like personal debt: if you spend more than you earn, you'll accumulate debt and owe interest on it. The US government's debt works in a similar way.