Young Voters Deserve Answers on the National Debt

The National Debt: A Growing Issue

The national debt is a serious issue that affects all Americans, young and old.

As of 2023, the national debt is over $31 trillion, and it is continuing to grow.

This debt is a burden on future generations, and it is important that young people understand the issue and demand answers from their elected officials.

What is the National Debt?

The national debt is the total amount of money that the U.S. government owes to individuals, businesses, and other countries.

When the government spends more money than it takes in, it borrows the difference and adds it to the national debt.

The government can borrow money by issuing Treasury bills, notes, and bonds.

Why is the National Debt a Problem?

The national debt is a problem because it can lead to a number of negative consequences, including:

Higher interest rates
Reduced economic growth
Increased inflation
A weaker U.S. dollar
Reduced social services

The national debt is also a burden on future generations, as they will be responsible for paying off the debt.

What Can Be Done About the National Debt?

There are a number of things that can be done to address the national debt, including:

Reducing government spending
Increasing taxes
Economic growth
Inflation
A weaker U.S. dollar
Reduced social services

There is no easy solution to the national debt, but it is important to start addressing the issue now.