Bill > S2375

This bill, titled the "National Net Interest is National Security Act of 2025," requires the Secretary of the Treasury, in consultation with the Secretaries of Defense and State, to submit a comprehensive report on the national security threats posed by increasing national debt and net interest payments. The report must be submitted within one year of enactment and then periodically alongside the national defense strategy. The report must analyze how rising debt and interest payments could impact various aspects of national security and economic stability, including defense spending, government revenue, the ability to respond to geopolitical and economic crises, mandatory spending programs like Social Security and Medicare, the global status of the U.S. dollar, the country's credit rating, inflation, and interest rates. Additionally, the report must assess how increasing net interest payments might crowd out spending on national security, diplomacy, and public investment, and provide recommendations for legislative actions to mitigate these potential threats. The bill also mandates that the Comptroller General include these debt-related national security risks in the Government Accountability Office's High Risk List, and requires the report to be submitted to specific congressional committees in both the Senate and House of Representatives.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/2375/all-info