#USNationalDebt

The US national debt is approximately $36.2 trillion as of May 2025, with each person in the US shouldering around $106,000 of it. To break it down ¹:

- *Total Debt*: $36.2 trillion

- *Per-Person Debt*: $106,000

- *Debt-to-GDP Ratio*: 121% as of Q1 2025, indicating the country's debt is higher than its annual economic output

The growing national debt is attributed to factors such as ²:

- *Demographics*: Aging population and increased retirement costs

- *Rising Healthcare Costs*: Higher medical expenses and increased budget allocation

- *Inadequate Revenues*: Insufficient tax revenue to cover government spending

Interest payments on the debt are also becoming a significant burden, with the government spending over $2.6 billion daily on interest alone ².