@arekkali
The U.S. national debt has surpassed $36 trillion as of November 2025, up from $34T in 2023. It equals 125% of GDP, the highest since WWII. Annual interest payments now exceed $1T—more than defense spending.
Key drivers:
• Chronic deficits (2025: ~$1.9T)
• Entitlements (Social Security, Medicare) consuming 50%+ of budget
• Post-COVID stimulus & tax cuts
Risks:
• Crowding out private investment
• Inflation if monetized
• Potential dollar confidence crisis
Solutions debated:
• Spending cuts (politically tough)
• Tax hikes (growth drag)
• Growth via deregulation/tech
Debt isn’t doom if GDP grows faster than interest rates—but at 4%+ yields, the math tightens. Sustainable? Only with discipline.
#USDdebt #FiscalPolicy