#USNationalDebt The US national debt is approximately $36.2 trillion as of May 2025, with a per-person debt of around $106,000. To break it down further:

- *Total National Debt*: $36.2 trillion

- *Debt Held by the Public*: $29 trillion

- *Intragovernmental Holdings*: $7.4 trillion

The debt-to-GDP ratio stands at 121% as of Q1 2025, indicating that the country owes almost 1.21 times its annual economic output. This ratio has been increasing due to factors like rising healthcare costs, aging demographics and significant government spending.

*Key Concerns:

- *Interest Payments*: The US government spends over $870 billion annually on interest payments, which is around 10.7% of its total spending.

- *Debt Sustainability*: The Congressional Budget Office projects that the debt-to-GDP ratio will reach 156% by 2055 if current trends continue.

- *Economic Impact*: High debt levels can lead to reduced economic growth, increased borrowing costs and decreased investment.

*Recent Developments:

- The national debt recently surpassed $37 trillion, sparking concerns about the country's fiscal sustainability.

- Annual deficits of $2 trillion are driving the debt surge, fueled by rising spending and stagnant revenue growth.