The rate of increase in the debt has been cut by 92%.
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The rate of increase in the US national debt has not been cut by 92% in 2025. While the national debt has been growing significantly, there's no evidence to suggest that the rate of increase has been reduced by that specific percentage.
Additional information:
- The US national debt was over $36.2 trillion as of January 2025.
- The debt-to-GDP ratio is currently around 122.3%, according to Trading Economics.
- The annual deficit is projected to rise to $2.5 trillion over the next decade, according to the Bipartisan Policy Center.
- The debt limit was reinstated on January 2, 2025, at $36.1 trillion, according to Congress.gov.
- The government has been using extraordinary measures to continue meeting its financial obligations after suspending the debt limit.
- Tax cuts, stimulus programs, and increased government spending have all contributed to the rising debt.