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The "Big Beautiful Bill," a signature piece of legislation of the second Trump administration, has raised questions about how it will impact the country's debt. The nonpartisan Congressional Budget Office estimates that it could add $3 trillion to the national debt over the next decade.But exactly how big is the country's debt? The national debt is the total amount of outstanding borrowing by the U.S. federal government accumulated over the nation’s history. This includes debts incurred from the American Revolutionary War to the government's fiscal response to the COVID-19 pandemic.The U.S. Treasury maintains a dataset called "Debt to the Penny" that records the total outstanding public debt reported each day. As of July 3, 2025, the U.S. national debt stands at $36.2 trillion.Much like bank loans, the national debt has interest because the U.S. government borrows money by selling Treasury securities to investors.In 2024, the U.S. government spent more than $1.1 trillion on interest payments, surpassing military spending for the first time in history. As it stands, the interest expense for 2025 is at $776 billion based on U.S. Treasury Securities data. PHNjcmlwdCB0eXBlPSJ0ZXh0L2phdmFzY3JpcHQiPiFmdW5jdGlvbigpeyJ1c2Ugc3RyaWN0Ijt3aW5kb3cuYWRkRXZlbnRMaXN0ZW5lcigibWVzc2FnZSIsKGZ1bmN0aW9uKGUpe2lmKHZvaWQgMCE9PWUuZGF0YVsiZGF0YXdyYXBwZXItaGVpZ2h0Il0pe3ZhciB0PWRvY3VtZW50LnF1ZXJ5U2VsZWN0b3JBbGwoImlmcmFtZSIpO2Zvcih2YXIgYSBpbiBlLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdKWZvcih2YXIgcj0wO3I8dC5sZW5ndGg7cisrKXtpZih0W3JdLmNvbnRlbnRXaW5kb3c9PT1lLnNvdXJjZSl0W3JdLnN0eWxlLmhlaWdodD1lLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdW2FdKyJweCJ9fX0pKX0oKTs8L3NjcmlwdD4K