#USNationalDebt

The national debt of the United States is one of the most frequently discussed topics in the global economy. Currently, it exceeds over 34 trillion dollars and continues to grow. What does this mean for the average citizen? Increasing budget expenditures, rising taxes in the future, and a potential threat to the stability of the dollar as a reserve currency. The debt is the result of both military spending and long-standing social programs that have not been balanced by appropriate revenues. The rise in interest that the government must pay also affects the finances of other countries that purchase American bonds. Will the USA get out of this debt? It depends on policy, reforms, and global trust in the dollar.