Trump’s Big Beautiful Bill and $40T US debt: With Trump’s Big Beautiful Bill passed, US debt could hit $40 trillion in 2025 — here’s why that matters

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United States’ national debt has officially soared past $36.2 trillion, and with the recent passage of President Trump’s ambitious “Big Beautiful Bill,” fiscal analysts warn that the total could climb to $40 trillion by the end of 2025. This staggering projection is sparking concern across Wall Street, Washington, and beyond — not only because of the eye-popping number, but also due to what it signals for America’s financial future.

The nonpartisan Congressional Budget Office (CBO) estimates that the bill could add $3 trillion to the national debt over the next ten years. As the conversation heats up in Washington and beyond, many are wondering: how did we get here, and what’s next for the country’s finances?

How big is the U.S. national debt in 2025?

As of July 3, 2025, the U.S. national debt stands at $36.2 trillion. That figure represents the total amount the federal government has borrowed throughout its…

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