#USNationalDebt Public Debt (~$27 trillion): Borrowed from investors, individuals, foreign governments, and institutions.

Intragovernmental Holdings (~$7.7 trillion): Money the government owes to itself, such as Social Security and Medicare trust funds.

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💡 Key Points:

Debt-to-GDP Ratio: The U.S. debt-to-GDP ratio is now over 120%, meaning the debt exceeds the total value of all goods and services produced in the country in a year.