#USNationalDebt

Here’s the current picture of the U.S. national debt:

---

## 📊 Total U.S. National Debt

* **Gross national debt (all-time high):** Approximately **\$36.2 trillion** as of early June 2025 ([jec.senate.gov][1]).

* **Debt held by the public (marketable):** \~\$28.9 trillion

* **Intragovernmental debt (owed to government trust funds):** \~\$7.3 trillion ([jec.senate.gov][1]).

---

## Growth & Future Outlook

* The debt has increased by roughly **\$1.6 trillion** over the past year, rising at about **\$4.27 billion/day** ([jec.senate.gov][1]).

* At this pace, the **\$37 trillion milestone will likely be reached by around October 31, 2025** ([jec.senate.gov][1]).

---

## Debt in Context

* **Debt-to-GDP ratio:** Nearly **100%** in 2025, up from \~96–98% in previous years .

* **Per-person burden:** About **\$106 000** per U.S. citizen ([nerdwallet.com][2]).

* **Interest costs:** Public debt carries an average interest rate of around **3.36%**, with net interest payments expected to be **\~13.6% of federal outlays** in FY2025 ([jec.senate.gov][1]).

---

## Why It Matters

* Rising interest costs (now \~14% of the federal budget) are crowding out other spending priorities like infrastructure, defense, and healthcare .

* Watchdog groups warn that annual deficits could continue to climb—possibly adding **\$2.5–\$4 trillion more over the next decade** ([myjournalcourier.com][3]).

* If current trends persist, publicly held debt may grow to **118% of GDP by 2035**, making long-term fiscal sustainability a major concern .

---

## 🆕 Today in the News

* The national debt recently topped **\$37 trillion**, surpassing 120% of GDP ([azernews.az][4]).

* Annual interest payments are projected at **\$1.1 trillion**, surpassing Medicare and defense outlays ([tronweekly.com][5]).

* The Congressional Budget Office warns that upcoming spending packages could add **\$2.8 trillion** to the deficit over the next 10 years ([politico.com][6]).

---