#USNationalDebt

The US national debt has reached significant milestones, with various sources reporting different figures. Here's a breakdown of the current state of the US national debt.

- *Total Public Debt*: As of Q1 2025, the total public debt stands at $36.214 trillion, according to the US Department of the Treasury.

- *National Government Debt*: In February 2025, the national government debt was approximately $36.2189 trillion, with a record high of $36.2202 trillion in January 2025.

- *Real-Time Debt*: According to USA Debt Clock, the US national debt is over $36.215 trillion as of June 18, 2025.

- *Per Person Debt*: The US national debt per person is around $108,128, with a total population of over 330 million.

- *Debt-to-GDP Ratio*: The debt-to-GDP ratio is approximately 120.8%, indicating a significant burden on the nation's economy.

*Key Components of US National Debt:*

- *Domestic Holders*: Roughly two-thirds of the debt is held by domestic investors, including US citizens, banks, and financial institutions.

- *Foreign Holders*: Foreign countries like Japan and China hold significant amounts of US Treasury securities.

- *Government Trust Funds*: Programs like Social Security invest in US government debt.

*Understanding the US National Debt:*

- The US national debt is accumulated over time due to deficit spending, major events like wars and economic recessions, and interest payments on existing debt.

- The debt ceiling is a legal limit on the total amount of debt the government can incur, which often sparks political debates.

- Reducing debt levels can be achieved through increasing revenue, cutting government spending, and promoting economic growth.