Overview

• The national debt reached $37.88 trillion on Oct. 2, rising about $69,891 per second, or roughly $6 billion each day, according to the Joint Economic Committee’s monitor.
• The total has increased by $2.2 trillion since October 2024, which equates to about $283,098 per household based on the same data.
• Bitcoin broke above $125,000 on Oct. 5 and gold set a record at $3,924.39 per ounce on Oct. 7, moves analysts describe as a “debasement trade.”
• The average interest rate on marketable debt stands near 3.415%, with $241.26 billion paid to trust funds in the past year as the dollar records a double‑digit year‑to‑date decline.
• About 31% of publicly held marketable debt is due within 12 months as of Q3 2025, and CBO projections show net interest taking an expanding share of federal outlays.