#USNationalDebt

As of early June 2025, the total gross national debt stood at approximately $36.2 trillion, equivalent to about 122–124 % of GDP.

Debt held by the public (i.e., government securities owned by investors, institutions, and private individuals) is about $27.5–28.8 trillion.

Interest on this debt is rising quickly—costing roughly $776 billion annually (about 16 % of federal spending) or over $1 trillion per year.

Credit rating agency Moody’s downgraded the U.S. rating from Aaa to Aa1 in May 2025, citing concerns over this rising debt and the growing interest burden.