#USNationalDebt
A government report shows that the U.S. Treasury needs to refinance nearly one-third of the national debt during 2026, which explains Trump's repeated attacks on the Federal Reserve chair and his urgent calls for interest rate cuts.
The report was prepared by the Office of Debt Management at the Treasury Department, and it stated that as of April 30, 2025, the proportion of debts due for repayment in the coming year from the total national debt is 31.4%.
The amount of debt that needs to be refinanced is approximately $11 trillion, as the total U.S. national debt exceeds $36 trillion.
Therefore, U.S. financial markets are experiencing concerning developments with the sharply rising cost of financing the national debt, while Congress discusses a tax bill that could add trillions of dollars to the federal deficit.