#USNationalDebt

The U.S. national debt is now roughly $37 trillion, a historic high that continues to climb. As of early June, total debt hit nearly 123 percent of GDP. Year-to-date deficits remain stubbornly high—May alone saw a shortfall of approximately $316 billion. Interest payments on this debt rank as the second-largest federal outlay, surpassing $579 billion annually. With political proposals to extend tax cuts and expand spending, debt projections stretch well beyond current levels, potentially reaching 124–133 percent of GDP by the early 2030s. This trend risks crowding out essential investments like infrastructure and education, while raising future borrowing costs. Americans must push for balanced fiscal reforms—addressing both revenue and spending—before long-term economic flexibility slips away. #USNationalDebt