The Much Maligned National Debt

                                   Who Holds the $14.3 Trillion National Debt?

 

The US Public $3.6 Trillion

  • Includes debt held by individuals, corporations, banks and insurance companies, pension and mutual funds, state and local governments.

 Foreign Countries roughly $4.5 Trillion

  • China                                                    $1.2 Trillion
  • Japan                                                     $0.9 Trillion
  • Britain                                               < $1.0 Trillion
  • Oil exporting countries                 < $1.0 Trillion
  • Other countries                                  $1.3 Trillion

The US Government $6.2 Trillion

  • Federal Reserve System Includes collateral for U.S. currency and liquidity for emergency needs.             $1.6 Trillion
  • Social Security Trust Funds Surpluses generated by the program invested in government bonds            $2.7 Trillion
  • Other gov’t trust funds     $1.9 Trillion

 Sources: Department of the Treasury, Financial Management Service, Bureau of the Public Debt; Federal Reserve Bank of New York; Office of Management and Budget

When the Debt Was Accumulated

Obama                $2.4 Trillion

GW Bush             $6.1 Trillion

Clinton                 $1.4 Trillion

G Bush                 $1.5 Trillion

Reagan                 $1.9 Trillion

Carter                   $0.4 Trillion

Before Carter      $0.6 Trillion

 Sub Totals

Dem President in Office                                $4.2T

Republican President in Office                     $9.5T

 Sources: Department of the Treasury, Financial Management Service, Bureau of the Public Debt; Federal Reserve Bank of New York; Office of Management and Budget

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About jackdetate

Married, 2 children, retired, enjoying unstructured time: "And then he drank a dew From a convenient grass, And then hopped sidewise to the wall To let a beetle pass." ~ Emily Dickinson
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