Describe the national debt and how it impacts the U. S. economy?

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Social Studies

Trevin Patel

29 July, 08:24

Describe the national debt and how it impacts the U. S. economy?

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Averi · Answer 1

The national debt is a large sum of money that has most likely gone to other countries for aid or has gone into building landmarks. It impacts the US because the taxpayers are paying their debts, but at the same time, they are chipping away at the entire US' Debt, meaning we the people are paying our entire nations debt.