#USNationalDebt

Total Gross Debt:

As of June 4, 2025, the total national debt reached approximately $36.21 trillion.

Debt Held by Public:

About $27.5 trillion is held by the public through bonds and securities.

Fiscal Year Deficit:

Through May 2025, the FY2025 deficit hit $1.4 trillion, up 7% YoY.

Monthly Deficit Trends:

May’s monthly deficit was around $314 billion, slightly lower (-15%) than last year.

Rising Interest Costs:

Refinancing nearly one-third of debt (~$11 trillion) and surging interest payments, now close to $1 trillion annually.

Debt-to-GDP:

Debt stands near 122% of GDP, undermining fiscal sustainability.

Overall, U.S. debt is at historic highs, driven by large deficits, refinancing pressures, and elevated borrowing costs.