#USNationalDebt
🇺🇸 America's Mountain of Debt: $36 Trillion & Counting
💸 💥 Topline Figures
Total National Debt: ~$36.21 trillion as of June 2025
Breakdown:
Debt held by the public: ~$28.9 trillion
Intragovernmental holdings: ~$7.3 trillion
Debt-to-GDP Ratio: ~123 %—a level not seen since WWII
🚨 What’s Driving the Surge?
Persistent Deficits: Monthly May 2025 deficit hit $316 billion—similar pace as May 2024
Legislative Triggers:
“One Big Beautiful Bill Act” adds ~$2.6 trillion over a decade
GOP tax and spending cuts projected to add ~$2.8 trillion – $3.8 trillion
⚠️ Why It Matters
Skyrocketing Interest Costs:
~$1 trillion/year in debt servicing—now rivaling defense spending
Interest spending is the second-largest budget line after Social Security
Eroding Confidence:
Moody’s downgraded U.S. credit rating; global trust is weakening
Taiwan’s central bank warns of shaken confidence in U.S. Treasuries
Growth & Equity at Risk:
CBO projects debt will hit 156% of GDP by 2055 absent reforms
EY analysis warns slower GDP, fewer jobs (~1.2 M lost by 2035), and wage impacts
🔍 Systemic Risks
Fiscal Dominance: Heavy borrowing may constrain the Fed—raising inflation risks
Credit Market Instability: Investors are fleeing Treasuries, pressuring yields
🎯 Time for a Wake‑Up Call
Without bold fiscal action:
We risk either painful stagnation or a sudden debt‑driven financial crisis
Interest outlays could consume ~30% of total tax revenue by 2035
Bold solutions needed:
Adjust taxes and close loopholes
Reform entitlement programs (Social Security, Medicare)
Enact smarter spending policies
📣 Share & React
🔔 Your voice matters: Demand fiscal responsibility from Congress and the White House.
🔀 Spread this: Financial literacy starts with awareness—now is the time to share.