Assignment Problem:
A nation's outstanding obligations are referred to as its national debt. These obligations may also be referred to as public debt, federal debt, or government debt.
The amount that the federal government owes its creditors, including public and federal government trust fund debt, is referred to as the national debt of the United States. As of July 15, 2022, the total debt of the United States was $30.5 trillion.
Differentiate National Debt to Budget Deficit