U.S. National Debt – A Reality That Requires Attention
• 📊 Total Debt Value: Approximately $36.2 trillion by the end of April 2025, with an increase of about $1.56 trillion over the past year.
• 🧮 Debt as a Percentage of GDP: Currently nearing 100% of Gross Domestic Product, heading towards 118% by 2035 according to the Office of Management and Budget ⛔.
• 📅 Continuous Growth: Since 2019, the debt has increased by 30–31%, nearly doubling over the past decade from $28 trillion (2014) to $36 trillion now.
• 💸 Rising Interest: The budget anticipates that interest payments will reach about 13–14% of total spending between 2025–2027.
1. Risk to Financial Stability
The rising debt-to-GDP ratio is causing investors to exercise caution, which raises government borrowing costs and affects personal and mortgage rates.
2. Future Budget Pressures
The share of interest in the budget will increase, leading to a reduction.