U.S. National Debt Expected to Soar to $40 Trillion in 2025 Following New Budget Bill
The United States is now on track to reach a staggering $40 trillion in national debt by the end of this year, according to forecasts from Kalshi, following the recent passage of what’s being called the "Big Beautiful Bill."
This projection marks a nearly unprecedented surge in government borrowing, raising alarms across financial and political circles.
To understand the scale of this development, consider that in early 2020, the total U.S. debt stood at approximately $23.2 trillion. A rise to $40 trillion in just six years would represent a $17 trillion increase—an extraordinary escalation that has never before occurred in U.S. history over such a short timeframe.
Analysts are warning that this level of debt accumulation signals a deepening fiscal crisis. The Kobeissi Letter, a prominent economic commentary platform, called the situation “absolutely insane,” highlighting the scale of borrowing and warning of long-term consequences.
“There’s no historical precedent for the U.S. taking on this much debt this fast,” said one analyst. “This isn’t just aggressive spending—it’s a structural shift that could redefine America’s financial trajectory.”
The Kalshi forecast, illustrated with a sharp upward curve, indicates that there’s no visible ceiling to current borrowing trends. With no sign of slowing, concerns are mounting over the sustainability of the national debt and the potential risks to economic stability.
As policymakers grapple with soaring interest costs and mounting fiscal obligations, the $40 trillion mark may become a defining symbol of a new era in American economics—one where debt is no longer just a budget item, but a central crisis.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
