#USNationalDebt The U.S. National Debt refers to the total amount of money that the federal government of the United States owes to creditors. This debt is a result of the government borrowing money to cover budget deficits — when expenditures exceed revenues.
As of mid-2025, here’s a breakdown of key points regarding the U.S. National Debt:
1. Current Size
The U.S. national debt is over $34 trillion, making it the largest sovereign debt in the world in absolute terms.
It continues to grow due to high spending (especially on defense, social programs, and interest payments) and structural deficits.
2. Types of Debt
Debt Held by the Public (~$27 trillion): This includes U.S. Treasury securities held by individuals, corporations, state/local governments, foreign governments, and the Federal Reserve.
Intragovernmental Holdings (~$7 trillion): Money the federal government owes itself, such as funds borrowed from the Social Security Trust Fund.
