The US National Debt and How It Affects You

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The US National Debt and How It Affects You

The national debt is the debt owed by the U.S. federal government. It's made up of both public debt and intragovernmental debt. Learn how its size can impact you.

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Editors' Picks

Here Are the Key Issues To Watch for in Biden's State of the Union (NPR)

U.S. Trade Deficit Climbs to Record $948.1 Billion in 2022 (MarketWatch)

Google Unveils ChatGPT Rival Bard, AI Search Plans in Battle With Microsoft (Reuters)

Valentine's Day Spending Is Set to Jump, Even if It Means More Credit Card Debt (CNBC)

What the World's Longest Happiness Study Says About Money (Reuters)

More From The Balance

US Debt Ceiling and Its Current Status

The debt ceiling is the limit on how much debt Congress allows the U.S. government to have. Learn how it works, why it's important, and what happens when it's hit.

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What Is a Long-Term Capital Gain or Loss?

A long-term capital gain or loss generally comes from securities that you hold for more than one year. Learn how they work and how they can affect your taxes.

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