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Originally published by Capital Business
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business
July 5, 2025
1y ago

US debt is now $37trn – should we be worried?

US debt is now $37trn – should we be worried?

JULY 5 - As Donald Trump cheered the passage of his self-styled, and officially named, Big Beautiful Budget Bill through Congress this week, long-sown Kenya breaking news | Kenya news today |..

✨ Key Highlights

The recent passage of the Big Beautiful Budget Bill by Donald Trump raises concerns about the sustainability of the US national debt, now at **$37 trillion**. As borrowing increases, questions arise about the limits of global lending to the US.

  • The new budget bill could add at least an additional **$3 trillion** to the national debt.
  • Investor skepticism is reflected in the weaker value of the dollar and increasing interest rates for US loans.
  • Concerns have been voiced by notable figures such as hedge fund billionaire Ray Dalio, warning that without significant changes, the US will soon face **$10 trillion** annually in loan and interest repayments.

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Part of the Day's Coverage

Economic and Fiscal Changes in the US

US debt reaches $37 trillion; Trump signs comprehensive tax and spending legislation into law.

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