#USNationalDebt
The US national debt represents the total amount of money the federal government owes to its creditors, accumulated from years of spending more than it collects in revenue (budget deficits). As of June 2025, this figure stands at over $36 trillion.
This debt is financed by issuing government bonds, notes, and bills, purchased by individuals, corporations, foreign governments, and even other US government agencies. A high national debt can lead to increased interest payments, potentially higher taxes, and may impact future economic growth and investment.