How bad has the US debt crisis become? Interest payments on US public debt to overseas holders surged to a record $292 billion in Q3 2025. This amount has more than DOUBLED since 2020. The US Treasury now pays 6 TIMES more to international holders of US debt than before the 2008 Financial Crisis. This comes as foreign investors hold a record $9.1 trillion in US Treasuries, 4 TIMES higher than 2005 levels. The US government is paying insane amounts of interest.(The Kobeissi Letter)