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US National Debt: A Guide to Understand America's Financial Burden

The US national debt is a critical aspect of the country's financial landscape, and understanding it is essential for both individuals and policymakers. This in-depth guide discusses the complexity of the US national debt, including its definition, historical background, factors of increase, economic consequences, and strategies for coping.   Introduction to US Debt   Importance of Understanding the US National Debt It is crucial to comprehend the US national debt since it significantly influences the economy of the nation. The total amount that the federal governme...