National Net Interest is National Security Act of 2025
Sponsored By: Senator Cassidy, Bill [R-LA]
Introduced
Summary
**This bill would make the Treasury analyze how rising federal debt and higher net interest costs create *national security risks*.** It would force a public report on those risks, with an initial submission within one year and future reports timed to the national defense strategy.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Treasury report on debt risks
This bill would require the Treasury Secretary, with Defense and State, to report on how rising national debt and net interest threaten U.S. national security. The first report would be due not later than one year after enactment. Later reports would be due when the national defense strategy is sent to Congress. The report would assess effects on defense budgets, federal revenue, the dollar, credit ratings, inflation, interest rates, and the government’s ability to pay Social Security, Medicare, Medicaid, and other mandatory programs. It would also assess whether interest payments could crowd out defense, diplomacy, or public investment and give legislative recommendations. The Comptroller General would add this issue to the GAO High Risk List on enactment.
Sponsors & CoSponsors
Sponsor
Cassidy, Bill [R-LA]
LA • R
Cosponsors
Gary Peters
MI • D
Sponsored 7/22/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov