#USNationalDebt As of June 2025, the national debt of the United States has surpassed 37 trillion dollars for the first time in history 1 2. This is more than 122% of the country's GDP, and the cost to service this debt is approaching 1 trillion dollars per year 1.

To put it in perspective, the United States is now spending more on interest payments than on national defense 3.

Some key points:

• 9.2 trillion dollars of this debt will mature in 2025, with most of it borrowed at lower interest rates 4.

• Refinancing that debt at current higher rates (around 3.2%) could significantly increase borrowing costs 4.

• The Congressional Budget Office

forecasts that the debt could reach 156%

of GDP by 2055 if current trends continue.