#USNationalDebt The US national debt is approximately $36.214 trillion, as of Q1 2025. This debt includes¹:
- *Debt Held by the Public*: Around $29 trillion, which is roughly 77% of the country's GDP
- *Intragovernmental Debt*: About $7.4 trillion, representing amounts owed to government trust funds like Social Security
The national debt has been increasing over time due to factors such as:
- *Deficit Spending*: When government expenses exceed revenue, resulting in borrowing to cover the shortfall
- *Aging Population*: The baby-boom generation's retirement puts pressure on programs like Social Security and Medicare
- *Rising Healthcare Costs*: Increasing healthcare expenses contribute to the growing national debt
- *Interest Payments*: Compounding interest on