The US national debt is currently around $36.2 trillion as of May 2025, equivalent to about 122% of the country's GDP. This figure continues to increase by about $1 trillion every three months, and it has now reached approximately $37 trillion.

Debt Holders:

About three-quarters of the debt is held domestically by US investors, government agencies, and the Federal Reserve. The remaining quarter is held by other countries.

Economic Impact.

Impact on the Economy:

* High Interest Burden:

An increasing amount of the federal budget is spent on paying interest on the debt, reducing funds for critical investments such as education and infrastructure.