Fact Check: "The US national debt exceeds 31 trillion dollars."
What We Know
As of June 4, 2025, the total gross national debt of the United States is reported to be $36.21 trillion according to the Joint Economic Committee. This figure indicates a significant increase from previous years, with the debt rising by $1.56 trillion over the past year alone. The data also suggests that if the current rate of increase continues, the national debt could reach $37 trillion by approximately October 31, 2025 (source-2). Furthermore, the U.S. Treasury's Debt to the Penny dataset provides daily updates on the total outstanding public debt, which includes both public and intragovernmental holdings.
Analysis
The claim that the U.S. national debt exceeds $31 trillion is substantiated by multiple reliable sources. The most recent data from the U.S. Treasury Monthly Statement of the Public Debt confirms that the total public debt outstanding is indeed above this threshold. Additionally, the Congressional Research Service notes that the federal debt limit was reinstated at $36.1 trillion in January 2025, further corroborating the current figures (source-5).
While the Wikipedia entry on the national debt also provides a similar figure of $36.56 trillion as of March 6, 2025 (source-8), it is essential to recognize that Wikipedia is a secondary source and should be cross-referenced with primary data from official government publications for accuracy.
The reliability of the sources is high, particularly the data from the U.S. Treasury and the Joint Economic Committee, which are official government entities responsible for tracking and reporting financial data. These sources are regularly updated and provide comprehensive insights into the national debt.
Conclusion
The claim that "The US national debt exceeds 31 trillion dollars" is True. The current national debt is significantly higher than this figure, standing at $36.21 trillion as of June 2025. This conclusion is supported by multiple authoritative sources, including the U.S. Treasury and the Joint Economic Committee.
Sources
- Monthly-Debt-Update-website.knit - Joint Economic Committee
- Debt Dashboard - U.S. Congress Joint Economic Committee
- Debt to the Penny | U.S. Treasury Fiscal Data
- U.S. Treasury Monthly Statement of the Public Debt (MSPD)
- Federal Debt and the Debt Limit in 2025
- PDF Federal Debt and the Debt Limit in 2025 - Congress.gov
- Historical Debt Outstanding | U.S. Treasury Fiscal Data
- National debt of the United States