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Comprehensive Analysis of the U.S. National Debt (June 2025)
#### 💵 **1. Current Debt Status**
- **Total Gross Debt**: **$36.21 trillion** (as of June 4, 2025), comprising:
- **Debt held by the public**: $28.95 trillion (80% of total).
- **Intragovernmental debt**: $7.26 trillion (20% of total) .
- **Growth Trends**:
- Increased by **$1.56 trillion YoY** and **$10.29 trillion over five years**.
- Rising at **$4.27 billion per day**—or **$49,431 per second** .
- **Per Capita Burden**: **$106,447 per person** or **$273,904 per household** .
- **Debt-to-GDP Ratio**: **124%** (Q4 2024), near the peak of 130.4% during COVID-19 .
#### 🔧 **2. Debt Composition and Refinancing Risks**
- **Debt Instruments**:
| **Type** | **Amount** | **Share of Public Debt** |
|----------------|------------------|--------------------------|
| Treasury notes | $14.89 trillion | 51.44% |
| Treasury bills | $6.00 trillion | 20.73% |
| Treasury bonds | $4.98 trillion | 17.20% |
| Other securities | $3.08 trillion | 10.63% | .
- **Refinancing Pressure**: **31.4%** ($11+ trillion) of debt matures within 12 months, requiring refinancing amid volatile interest rates .
- **Average Maturity**: **71 months** (up from 69 months in 2020), indicating slightly longer borrowing terms .
#### 💸 **3. Debt Servicing Costs**
- **Interest Expenditures**: **$949 billion in FY2024**, a **34% YoY surge** ($239 billion increase). This exceeds defense and Medicare spending .
- **Future Projections**: Net interest will reach **14.11% of federal outlays by FY2027** (CBO forecast) .
- **Interest Rate Sensitivity**: Average rate on marketable debt is **3.362%** (May 2025), up from 1.843% five years ago. Each 1% rate hike adds ~$290 billion annually to interest costs . #StrategyBTCPurchase #StablecoinLaw #CryptoMarket4T
