With Trump's Big Beautiful Bill passed, US debt could hit $40 trillion in 2025 — here’s why that matters

U.S. national debt has now reached a record $36.2 trillion, sparking major concern as President Trump’s Big Beautiful Bill could add another $3 trillion over the next decade. This new legislation is bringing urgent attention to how the federal government borrows and spends money. With $1.1 trillion spent on interest in 2024 alone—more than the military budget—many are asking what this means for the country's financial future. This article breaks down how the debt grew, what’s driving it now, and what Americans should watch for next. Understand the numbers and what they mean for you and the economy.