The United States national debt has officially surpassed $37 trillion for the first time in history, according to the Treasury Department and multiple reports. This milestone was reached less than eight months after the debt hit $36 trillion. The surge in debt includes an increase of approximately $780 billion since the debt ceiling was raised following the signing of the "One Big Beautiful Bill Act" into law on July 4, 2025. This increase equates to an average daily rise of about $22 billion. The rapid growth in debt has raised concerns among lawmakers and economists about fiscal sustainability, inflation, and the rising cost of interest payments, which now exceed defense spending. Since 2020, the national debt has soared by $14 trillion, accelerating well ahead of previous Congressional Budget Office projections that had anticipated reaching this level by 2030. The increase in debt is attributed to pandemic-era spending, recent tax cuts, and ongoing Treasury borrowing. The escalating debt burden has intensified debates on fiscal policy and renewed discussions about alternative financial instruments such as Bitcoin, which some proponents argue could serve as a hedge against unchecked government borrowing.