#USNationalDebt

Here’s the current picture of the U.S. national debt:

Total debt: Approximately $37 trillion, after crossing that threshold around June 20, 2025 .

Debt per citizen: About $107,000 per person and $323,000 per taxpayer .

Debt-to-GDP ratio: Roughly 123%, matching or surpassing World War II–era levels .

Interest payments: Insolating around $1 trillion/year, now the second-largest federal outlay after Social Security .

Drivers of growth:

Persistent annual deficits of ~$2 trillion

Pandemic-era and legacy stimulus exceeding $6 trillion

New tax-cut & spending bills projected to add $2.4–5 trillion over the next decade

Credit rating & market concerns:

Moody’s downgraded U.S. debt to Aa1 on May 16, 2025

Analysts like Dalio and Rogoff warn of potential "debt crisis" within 4–5 years if trends continue

BlackRock’s Larry Fink warns debt and interest costs may derail growth unless GDP rises ~3% annually

---

Bottom line: The United States faces a record-breaking $37 trillion national debt, a high debt-to-GDP ratio, and soaring interest costs. Without substantial fiscal adjustments—whether through higher growth, reform, or spending/tax policy changes—the economic strain is expected to worsen, according to top economists and market analysts.