#USNationalDebt The U.S. national debt, as of May 2025, stands at approximately $36.2 trillion. This enormous figure represents the accumulated borrowing by the federal government over time to cover budget deficits. It comprises money owed to the public (individuals, businesses, and foreign governments) and intragovernmental holdings (like Social Security trust funds). The debt-to-GDP ratio is around 122%, indicating the debt's significant size relative to the nation's economic output. Rising interest rates are also escalating the cost of servicing this debt, diverting substantial portions of federal spending.
