#USNationalDebt The current US national debt is approximately $36.2 trillion as of May 2025, equivalent to about 122% of the country's GDP. This figure continues to increase by about $1 trillion every three months, and it has currently reached around $37 trillion.

Debt Holders:

About three-quarters of the debt is held domestically by US investors, government agencies, and the Federal Reserve. The remaining quarter is held by other countries.

Economic Impact.

Impact on the Economy:

The more federal budget is spent on paying interest on debt, the less funding there is for essential investments such as education and infrastructure.

High debt can raise interest rates, making loans and business investments more expensive, potentially slowing down economic growth.

The government becomes limited in its ability to respond to economic crises or recessions.