#USNationalDebt
🏦 Current US Debt Size
As of June 4, 2025, the total federal debt reached $36.21 trillion, of which $28.95 trillion is directed towards public debt, and $7.26 trillion is intergovernmental loans. Estimates indicate that the debt will exceed 124% of GDP by the end of 2024.
⚠️ Factors Behind the Increase in Debt
Spending on Social Security and healthcare due to an aging population and rising healthcare costs.
Interest costs: approximately $776 billion annually, accounting for 16% of total spending in 2025.
Massive financial crises such as the wars in Afghanistan and Iraq (the 2000s), 2008, the COVID-19 pandemic, and the emergence of massive stimulus programs.