#USNationalDebt #USNationalDebt Here’s the current snapshot of the U.S. national debt based on the latest data:
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## 🇺🇸 U.S. National Debt Overview
* As of **Q1 2025**, the **total public debt** reached approximately **\$36.21 trillion** ([jec.senate.gov][1], [fred.stlouisfed.org][2]).
* **May 2025 data** confirms a total debt of about **\$36.2 trillion** .
* This includes both **debt held by the public** and **intragovernmental debt** (such as Social Security trust funds).
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## 📊 Debt Context & Composition
* The **U.S. debt‑to‑GDP ratio** currently stands around **121–122%**, meaning the government owes more than its annual economic output ([pgpf.org][3]).
* Typically, around **80% (\$29 T)** of the debt is **held by the public**, including foreign and domestic investors, and **20% (\$7 T)** is **intragovernmental** ([pgpf.org][3]).
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## 🔍 Why It Matters
* **Interest costs** on the debt are now climbing toward **\$600–700 billion per year**, projected to hit \~\$1 trillion annually by 2035 .
* Rising interest rates and increasing issuance of Treasury bonds are intensifying pressure on the debt burden .
* A **Moody’s downgrade** in May 2025 reflects growing fiscal concerns ([investopedia.com][4]).
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## 💬 Recent Commentary
* Analysts warn of a **looming fiscal crisis**, noting the debt crowding out public investment and burdening future generations ([ctinsider.com][5]).
* Major bills and policy proposals—especially large tax cut packages—could add **an additional \$2.5–3.8 trillion** to the debt over the next decade .
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### ✅ Summary
* **Total National Debt**: \~**\$36.2 trillion**
* **Debt-to-GDP Ratio**: \~**121–122%**
* **Debt Held by Public**: ~~80% (~~\$29 T)
* **Intragovernmental Debt**: ~~20% (~~\$7 T)
* **Annual Interest Costs**: \~\$600–700 B (rising)
* **Credit Rating**: Downgraded to **Aa1** by Moody’s in May 2025
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Let me know if you'd like a breakdown by holder (domestic vs foreign), historical trends, projections, or policy implications.
