#USNationalDebt
The U.S. national debt is a constantly evolving figure, currently standing at approximately $36.2 trillion as of May 2025. This staggering sum represents the accumulated borrowing by the federal government over the nation's history.
Recent trends show a significant increase, particularly due to large spending during the COVID-19 pandemic and rising interest rates. The debt-to-GDP ratio, a key indicator of a nation's ability to manage its debt, is around 122%, indicating a challenging fiscal outlook. Projections by the Congressional Budget Office anticipate the debt to continue growing, reaching 116% of GDP by 2034 if current laws remain unchanged, driven by increasing interest costs and mandatory spending. This trajectory raises concerns about long-term economic stability.