U.S. Government Debt Reached $37.6 Trillion in Fiscal 2025
Total federal debt stood at $37.6 trillion in fiscal 2025, equal to 124 percent of GDP. Annual interest payments reached $970 billion that year.
Washington ExaminerS. 6 trillion at the end of fiscal 2025, equal to 124 percent of GDP. 4 trillion. 2 percent of GDP. 2 percent of GDP. 3 trillion. 1 percent of GDP.
Tata proposed converting all outstanding federal debt into Perpetual Participation Certificates. 25 percent of the prior fiscal year's GDP. Under this structure, the fiscal 2025 debt would have required $360 billion in annual payments instead of the actual $970 billion.
The proposal also calls for linking future federal revenues and expenditures to GDP and requiring zero-deficit budgets. A two-year transition period would be used to reach this target.
A Fiscal Resiliency Fund of about $3 trillion would be created to support the transition. S. S. Postal Service. 5 million troy ounces of gold carried at a book value of $11 billion. 2 trillion. S. equities.
Key Facts
Potential Impact
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Annual debt service costs would change with GDP under the proposed certificate structure.
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