#USNationalDebt
As of June 4, 2025, the U.S. gross national debt stands at approximately $36.21 trillion, with $28.95 trillion held by the public and $7.26 trillion in intragovernmental debt like Social Security–related accounts
investopedia.com
This marks an increase of roughly $1.56 trillion over the past year—an average daily rise of about $4.27 billion, or nearly $50,000 per second
jec.senate.gov
. Per capita, it's around $106,447 per person or $273,904 per household
🚩 Why it matters:
Interest burden:
Budgeted net interest payments are around $952 billion for FY 2025, trending toward $1 trillion in 2026, and projected to hit $1.8 trillion by 2035
This interest expense now rivals or exceeds major programs like defense, Medicaid, and even Social Security
Debt-to-GDP ratio:
The national debt is about 100 % of GDP now.
Projected to rise to 118% by 2035, and escalate to 156% by 2055 if current policies remain unchanged
What's driving it:
Annual budget deficits of about $1.9 trillion for FY 2025
Aging population and healthcare costs: rising Social Security and Medicare/implied healthcare expenses
Past legislative and crisis spending, including tax cuts, wars, the 2008 crisis, and COVID relief