#USNationalDebt The US national debt has crossed $37 trillion, with each citizen's share amounting to over $107,000 and the average taxpayer's share exceeding $323,000. Here's a breakdown of the current situation ¹:

- *Total Federal Debt*: As of March 6, 2025, the federal government debt stands at $36.56 trillion. More recent estimates put the debt at around $36.2 trillion as of May 2025.

- *Debt Composition*: The debt consists of $29 trillion held by the public and $7.4 trillion in intragovernmental debt, totaling $36.4 trillion.

- *Interest Payments*: The annualized cost of servicing this debt was $726 billion in July 2023, accounting for 14% of total federal spending. Interest payments have since crossed $1 trillion, with the government paying around $3 billion per day.

- *Debt-to-GDP Ratio*: The US debt-to-GDP ratio has risen significantly, from 52% in 1960 to around 123% currently. This ratio is projected to reach 116% by 2034.

- *Total Debt Burden*: Including public, household, and business debt, the total debt in the United States exceeds $104 trillion, with interest payments over $5.46 trillion.

The growing national debt raises concerns about the long-term sustainability of the federal government's fiscal policies, particularly given aging demographics and rising healthcare costs ² ³ ¹.