#USNationalDebt Current Debt Level

• According to USAFacts, as of May 2025, the total national debt is approximately $36.2 trillion, which is equivalent to about $106,000 in debt for every American.

• According to the JEC report dated June 4, 2025, the total debt is $36.21 trillion (of which $28.95 trillion is external debt and $7.26 trillion is intragovernmental credit), with debt growing at an average of $4.27 billion per day.

• If this pace continues, the debt could reach $37 trillion by approximately October 31, 2025.

Threat of Interest Payments

• Interest on the debt amounts to about $1 trillion per year, exceeding military spending.

• In 2025, servicing the debt will cost $776 billion, or ~16% of federal spending.

Crisis Scenarios

• Economists Ray Dalio, Kenneth Rogoff, and Niall Ferguson warn of the risk of an 'economic heart attack' and a crisis in the next 4–5 years if the deficit is not reduced to around 3% of GDP. A particularly alarming signal is the exceedance of debt servicing costs over military expenditures.

• Moody's downgraded the U.S. credit rating in May 2025 to 'Aa1', citing increased debt burden and deficit. Annual interest on the debt now exceeds defense spending.