Bills · S 2375
IN COMMITTEE· 119TH CONGRESS
Senate BillS 2375Economics and Public Finance
National Net Interest is National Security Act of 2025
INTRO JUL 22· LAST ACTION JUL 22
READING
3MIN
COSPONSORS
2BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it would establish a formal and regular process for top government agencies to analyze and explain how the nation's growing debt could potentially weaken its capacity to defend itself and address global challenges. While the national debt is often discussed in terms of its economic or budgetary impact, this bill uniquely frames it as a national security issue, which is a critical concern for all Americans.
If this bill becomes law, voters would gain a clearer, officially sanctioned understanding of how increasing interest payments might necessitate cuts in defense spending, reduce the government's ability to fund essential programs like Social Security, or hinder its response to crises. If it does not become law, a comprehensive and regular assessment specifically linking the national debt to national security might not occur, potentially leaving a gap in strategic planning and public awareness regarding a fundamental financial risk to the country's future well-being.
KEY PROVISIONS
5AI-extractedPROVISION 01
Requires the Secretary of the Treasury, in consultation with the Secretaries of Defense and State, to submit a report to Congress on the national security threats posed by the national debt and its interest payments.
This ensures a high-level, inter-agency assessment of a critical financial issue's impact on national defense.
PROVISION 02
Mandates that the report assess various impacts, including on defense discretionary spending, federal revenue, the U.S.'s capacity to respond to threats and economic crises, mandatory spending programs (like Social Security and Medicare), the dollar's global standing, the U.S. credit rating, inflation, and interest rates.
This provides a comprehensive view of the wide-ranging consequences of the national debt beyond just direct financial terms.
PROVISION 03
Requires the report to include an assessment of whether net interest payments might 'crowd out' or reduce funding for other discretionary spending priorities, specifically national security, diplomacy, and public investments.
This highlights the potential trade-offs and opportunity costs associated with servicing the national debt.
PROVISION 04
Requires the report to include recommendations for legislative action to reduce the identified national security threats.
This aims to translate findings into actionable policy proposals for Congress.
PROVISION 05
Directs the Comptroller General of the United States to include the threats from national debt and interest payments on the Government Accountability Office's (GAO) High Risk List.
This officially designates the national debt as a significant, ongoing threat requiring focused attention and oversight by a government watchdog.
SPONSORSHIP
1 + 2
R· Louisiana
YRS IN OFFICE
17
BILLS LED
121
COSPONSOR BREAKDOWNBIPARTISAN · 100%
DEM 1 REP 1 IND 0
ACTION TIMELINE
2 EVENTSJUL 22
Introduced in Senate
JUL 22
Read twice and referred to the Committee on Finance.
BILL INFO
TypeSenate Bill
NumberS 2375
Congress119th
StatusIn Committee
IntroducedJul 22, 2025
Last actionJul 22, 2025
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IN COMMITTEE· 119TH CONGRESS · FINANCE COMMITTEE · INTRODUCED JUL 22, 2025
Senate BillS 2375Economics and Public Finance
National Net Interest is National Security Act of 2025
INTRODUCED JUL 22, 2025· LAST ACTION JUL 22, 2025
PASSAGE CHANCES
—%
READING
3 min
COSPONSORS
2
COMPLEXITY
Moderate
