User:Cool3/Debt
The United States government debt, commonly called the "public debt" or the "national debt", is the amount of money owed by the federal government of the United States to holders of U.S. debt instruments. Debt held by the public is all federal debt held by states, corporations, individuals, and foreign governments, but does not include intragovernmental debt obligations or debt held in the Social Security Trust Fund. Types of securities held by the public include, but are not limited to, Treasury Bills, Notes, Bonds, TIPS, United States Savings Bonds, and State and Local Government Series securities.[1]
As of May 25, 2009, the national debt is $XXX,XXX,[2] or about $Y per capita. Of this amount, debt held by the public was roughly $Z.[3]
Notes
[edit]- ^ US GAO Financial Audit: Bureau of the Public Debt's Fiscal Years 2004 and 2003 Schedules of Federal Debt GAO-05-116 November 5, 2004.
- ^ Reference
- ^ Reference 2