#USNationalDebt The U.S. national debt represents the total amount the federal government owes to creditors, including both public and intergovernmental debt. As of 2025, it exceeds $34 trillion due to decades of budget deficits, where government spending surpasses revenue. Key contributors include defense spending, social programs like Medicare and Social Security, and interest on existing debt. Economic crises, tax cuts, and stimulus measures have also accelerated debt growth. While borrowing helps fund essential services, rising debt levels raise concerns about long-term fiscal sustainability, higher interest payments, and potential impacts on economic growth, inflation, and future generations' financial burden.

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