#USNationalDebt

The U.S. national debt has soared to **$36.56 trillion** as of March 2025, reflecting years of budget deficits, tax cuts, and crises like COVID-19 . This debt—owed to investors, foreign governments, and federal agencies—now exceeds **100% of GDP**, a level last seen during World War II .

Key drivers include rising healthcare costs, an aging population, and interest payments, which could soon surpass defense spending . While the U.S. benefits from low borrowing costs due to global demand for Treasury securities, experts warn unsustainable debt could threaten economic growth and stability .