#USNationalDebt

The US national debt is a constantly changing figure, but as of May 2025, it was approximately $36.2 trillion.

Here are some additional details and context:

* Growing Trend: The national debt has been increasing significantly, rising by about $1 trillion every three months.

* Debt-to-GDP Ratio: This debt represents around 122% of the country's annual economic output (Gross Domestic Product or GDP).

* Who Holds the Debt:

* Roughly three-quarters of the debt ($27.2 trillion) is held domestically. This includes US private investors, entities like mutual and pension funds, intra-governmental US agencies, and the Federal Reserve.

* Foreign investors hold about $9.05 trillion of the debt, with Japan being the largest foreign holder.

* Interest Payments: The US government spends a substantial amount on interest payments for its debt. In fiscal year 2025, it's estimated to be around $776 billion, accounting for about 16% of total federal spending. Experts project these interest payments could exceed $1 trillion before the end of the decade.

* National Debt Clock: The concept of a "National Debt Clock" exists to visually track this ever-increasing number in real-time.