#USNationalDebt The US national debt is a constantly evolving figure, representing the total amount of money the US federal government owes to its lenders. As of May 2025, the total US federal debt stands at approximately $36.2 trillion.
Here's a breakdown of key aspects related to the US national debt:
Current State and Growth:
* The debt has grown significantly over time, particularly in recent decades due to factors like major economic recessions (e.g., 2008 Great Recession, COVID-19 pandemic), increased government spending, and tax cuts.
* It is currently about 122% of the country's annual economic output (GDP), meaning the nation owes more than its economy generates in a year.
* The debt has been increasing by about $1 trillion every three months.