🚨 U.S. National Debt Alert: $37 Trillion Milestone 📈
*Current National Debt:* Approximately $37.276 trillion, with each American shouldering around $109,242 of this burden 💸.
*Key Highlights:*
- *Private Investors:* Hold the largest share, about $24.4 trillion as of March 2025 📊
- *Federal Trust Funds:* Hold around $7.3 trillion, while the Federal Reserve holds $4.6 trillion 🏦
- *Net Interest:* Approached $880 billion in fiscal year 2024, surpassing spending on Medicare and national defense individually 💥
- *Debt Projections:* Expected to rise to 116% of GDP by 2034, up from 99% in 2024 📈
*Why It Matters:*
- *Soaring Interest Costs:* Crowding out funding for essential public services 🚨
- *Unsustainable Trajectory:* Debt-to-GDP ratio is alarming, highlighting the need for fiscal reform 📊
- *Rapid Accumulation:* Approximately $1 trillion every five months, emphasizing the urgency of addressing structural fiscal challenges.