U.S. government debt

U.S. government debt is the total amount the government owes from borrowing to fund operations, programs, and investments. It arises when expenses exceed revenue from taxes and other sources, leading the government to issue treasury bonds and securities to investors. This debt is managed and repaid over time, with interest. While some debt is necessary for economic stability and growth, high levels can impact future budgets and economic health. Ultimately, U.S. government debt reflects the difference between what the government earns and spends, serving as a tool to finance national priorities while requiring careful management to maintain fiscal stability.