#USNationalDebt 🇺🇸 U.S. National Debt Overview (2025)

As of mid-2025, the U.S. national debt has surpassed $35.7 trillion, continuing its upward trajectory due to persistent budget deficits, increased interest costs, and spending commitments. Here's a breakdown of the key factors and concerns:

📊 Current Debt Snapshot

Total Debt: ~$35.7 trillion

Debt-to-GDP Ratio: ~124%

Annual Interest Payments: Over $1 trillion (larger than defense budget)

🔍 Key Drivers

1. Federal Deficits

The U.S. runs a fiscal deficit nearly every year.

In FY 2024, the deficit exceeded $1.8 trillion, driven by:

Tax revenue shortfalls

High social spending (Medicare, Social Security)

Military and foreign aid outlays

2. Interest Rates

Rising Fed rates have dramatically increased borrowing costs.

Nearly 30% of debt is short-term, exposing the U.S. to rollover risks at higher rates.

3. **Mandatory Spending