🤑 U.S. NATIONAL DEBT CLOCK ⏰

👉 Real-time results!

https://www.usdebtclock.org

Have you ever come across the US Debt Clock? 🕒💸

It's quite an intriguing tool that provides up-to-the-minute information about the United States' national debt.

The US Debt Clock is a website that constantly keeps track of the total outstanding debt owed by the United States government. It presents a range of statistics, like the national debt itself, federal budget deficits, and unfunded liabilities. Its purpose is to create awareness about the country's financial situation and the potential consequences of carrying excessive debt.

💲 How did the US accumulate such massive debt?💰

The main reason behind this is the government's budget deficits. Because the government spends more than it brings in through taxes and other sources of revenue, it creates a shortfall or deficit.

To cover this shortfall, the government resorts to issuing Treasury securities, like bonds, to borrow money from both domestic and foreign investors.

Other examples of factors that contribute to the deficit are Wars, Economic downturns, Social Security, Medicare and Defense. Growth is also affected by the interest accrued on the 'borrowed' funds.
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