$BTC As of mid-2025, the United States national debt stands at over $35 trillion, marking a historic high. This debt is the total amount the federal government owes to creditors, including individuals, institutions, and foreign governments. A significant portion results from spending on Social Security, Medicare, defense, and interest payments. Post-pandemic stimulus packages and rising interest rates have further accelerated borrowing. While the U.S. continues to meet its obligations, growing debt raises concerns about long-term fiscal sustainability. Economists warn that without meaningful reforms—either through spending cuts, tax increases, or both—the debt burden could impact economic growth and financial stability in the future.