$SOL $SOL The U.S. National Debt refers to the total amount of money that the federal government owes to creditors. It includes debt held by the public (like investors, foreign governments, and institutions) and intragovernmental holdings (money the government owes itself, like to Social Security trust funds).

🔢 As of June 2025:

Total U.S. National Debt: Over $34.9 trillion

Debt-to-GDP Ratio: Around 125%, meaning the U.S. owes more than its entire yearly economic output.

💸 Why It Matters:

Interest Payments: The U.S. pays over $1 trillion/year in interest alone — the fastest-growing part of the federal budget.

Reduced Fiscal Space: High debt limits the government’s ability to respond to emergencies (e.g., pandemics, wars).

Investor Confidence: If investors fear the U.S. can’t manage its debt, borrowing costs could rise.

Generational Impact: Future taxpayers could bear the burden through higher taxes or fewer services.

📈 Main Causes of the Debt:

Large budget deficits year after year

Tax cuts (e.g., 2017 Tax Cuts and Jobs Act)

High spending on Social Security, Medicare, and defense

Emergency measures like COVID-19 stimulus packages

🔮 Outlook:

The Congressional Budget Office (CBO) projects debt could hit $50+ trillion by 2035 if current trends continue.

Structural reforms (either cutting spending or raising taxes) are needed to stabilize it.

Would you like a visual chart or breakdown of how it's changed over time?