US National Debt Soars by $2.2 Trillion in a Year, Sparking Fresh Fiscal Warning Signs

The United States government has increased its national debt by more than $2.2 trillion over the past year, raising new concerns among economists and lawmakers about the fiscal sustainability of the country’s finances.

According to official figures, the total US national debt now stands at roughly $37.9 trillion, marking one of the most rapid debt accumulations in American history.

This dramatic increase amounts to approximately $6 billion added to the debt every day, translating to $283,098 for each American household.

Much of the recent surge is attributed to continued high government spending, rising interest payments, and increased costs for entitlement programs such as Social Security and Medicare.

The Congressional Budget Office estimates that net interest will account for over 13% of federal expenditures this year—a figure set to grow if borrowing remains unchecked.

Lawmakers have expressed concern over the sustainability of such deficit spending.

Chairman David Schweikert of the Joint Economic Committee noted the urgent need for fiscal reforms, warning that interest on the federal debt is now the second-largest item in the budget and could soon eclipse all other expenses if current trends continue.

Economists caution that persistently high debt levels may raise borrowing costs, limit future government flexibility, and pose risks to long-term economic growth.