#USNationalDebt

The US national debt is approximately $36.2 trillion as of May 2025, with a debt per person of around $106,000 in 2024. Here's a breakdown of the debt:

- *Total Federal Debt*: $36.2 trillion (May 2025)

- *Debt Held by the Public*: $29 trillion (March 2025)

- *Intragovernmental Holdings*: $7.4 trillion (March 2025)

The national debt has been increasing rapidly, with a 2% rise from May 2024 to May 2025 and a 31% increase since 2019. The debt-to-GDP ratio is around 106%, indicating a significant burden on the US economy.

*Recent Trends:*

- The national debt surpassed $30 trillion in February 2022 and $33.1 trillion in December 2023.

- Interest payments on the debt have exceeded $1 trillion, with a daily interest payment of around $3 billion.

- The federal government has a debt-to-revenue ratio of 6.75 to 1, highlighting the need for fiscal sustainability.

*Projections:*

- The federal debt is estimated to reach $37.1 trillion by the end of FY 2025.

- The Congressional Budget Office (CBO) forecasts that the debt-to-GDP ratio will rise to nearly 100% by 2028 if current policies continue.