The US national debt is over $37 trillion, having surpassed this milestone in August 2025. This figure represents the total amount of money the US government has borrowed and not yet repaid. The US Nominal GDP is expected to reach $30 trillion. The US Nominal Debt to GDP would be 123%.
The first step should be to lower the interest rate on the National Debt to 3%.
The next step will be to tighten federal spending with a $2 trillion per year reduction in Annual Federal Spending from $7 trillion back to $5 trillion.
In 2025, the US is expected to raise Nominal GDP and lower its Trade Deficit. The US is also expected to add $500 billion in Tariff Revenue.
The big question is: “When will the US Federal Government balance its budget and actually begin to pay down the National Debt.“ The next big question is: “When US Inflation will reach 0%. The “Dow” has already adjusted for Inflation at 45,000 and is headed to 50,000. The value of the US Dollar continues to sink. In 1965, a good Family Income was $10,000. In 1995, a good Family Income was $100,000. If we fail to stop Inflation, a good Family Income will be $1,000,000.
The
US movement from a “Production Economy” to a “Service Economy” has decimated US
Living Standards.
The US Dollar Devaluation that has occurred with Inflation has already made life for 50% of the US Population unaffordable. Families and Individuals are unable to afford their Shelter, Food and Transportation costs.
Income Tax Rates in the bottom 3 Brackets need to be lowered further to give some Inflation Relief to families with incomes under $50,000 per year and single tax filers with incomes under $25,000 per year.
Service Jobs need to be restored to Teenagers to work part-time and summer jobs. Most will need to buy a car and pay their own maintenance and auto insurance premiums. The Federal Minimum Wage at $7.25/hr should remain unchanged.
The deployment of AI should increase US Productivity and improve Data Accuracy. The cost of maintaining accurate Data for Government Statistics and Financial Services should drop like a rock.
US Employment should increase in Manufacturing, Drilling, Mining, Timber, particularly in Rural Areas. This should result in lower population growth in Big Cities.
The completion of Oil and Natural Gas Pipelines will further reduce Transportation Costs and improve safety.
The US is reshoring the Production of Steel, Aluminum Copper and Pharmaceuticals and is planning to re-start Production of Coal, Lumber, Furniture, Appliances, Kitchen Cabinets, Foreign Auto Manufacturing will increase in the US thanks to Trump’s 15% Corporate Tax and 100% expensing. Ship building will return to the US. Data Centers will be built in the US with $11 trillion by US “Big Tech” and foreign investments.
Over time, Manufacturing Parts will likely be re-shored to the US to lower Supply Chain Costs.
All of this Economic Activity should enable the US to raise the Labor Participation Rate from 62% to 70%. It should also enable the US Government to run budget surpluses to pay down the National Debt. How quickly this occurs depends on how quickly US Citizens are able to adjust to the opportunities that are offered. Individual success depends on each Citizen’s ability to identify their Motivated Abilities. They need to find jobs they do well and enjoy doing.
Norb Leahy, Dunwoody GA Tea Party Leader
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