May 30, 2026

Budget, Personal Loans

National Debt Tops $39 Trillion as Net Interest Nears $1 Trillion

Wide exterior view of the United States Treasury Department building with its neoclassical limestone columns and a large American flag, photographed in dramatic golden late afternoon light with long shadows across the facade

U.S. public debt crossed $39 trillion in May 2026. With new Treasury issues yielding above 4.4% and the average rate at 3.34%, CBO projects net interest above $1 trillion this year.

Mitch Strohm
May 30, 2026