#USNationalDebt Here's a detailed update on #USNationalDebt:

---

🇺🇸 Key Facts & Figures

The U.S. federal debt has surpassed $37 trillion, exceeding 120% of GDP, marking a historic peak .

Servicing the debt costs over $1 trillion annually—more than defense spending and nearly double the expense from five years ago .

---

🚨 Why It Matters

Treasury must refinance $11 trillion (~31% of total debt) within the next year, heightening exposure to rising interest rates .

Rising yields reflect bond-market concerns triggered by mounting deficits from inflation, tariffs, and large-scale tax/spending bills .

---

🛑 Growing Alarm from Global & Wall Street Leaders

Taiwan’s central banker warned that rapid U.S. debt growth could undermine confidence in Treasuries .

BlackRock’s Larry Fink and others cautioned that without sustaining ~3% annual growth, the elevated debt poses a fiscal crisis .

Experts like Dalio, Rogoff, and Ferguson fear a looming “debt crisis” within 4–5 years if unaddressed .

---

🔭 What to Watch

Budget deals—like the “One Big Beautiful Bill”—could add another $2–3 trillion over the next decade .

Federal Reserve policy: Pressure for rate cuts might clash with concerns over inflation and debt burden .

Credit ratings: Moody’s downgraded the U.S. to Aa1 in May 2025, citing unsustainable debt growth .

---

🧭 Bottom Line

America faces a defining fiscal moment. With debt above $37 trillion, annual interest surpassing $1 trillion, and major refinancing coming due, the nation must address borrowing, spending, and growth—or risk a debt-driven crisis.

---