From http://en.wikipedia.org/wiki/United_States_public_debt
Can anyone tell me who exactly are the "creditors who hold U.S. Debt Instruments" refered to in this statement:
"The United States public debt, commonly called the national debt, gross federal debt or U.S. government debt, is the amount of money owed by the United States federal government to creditors who hold U.S. Debt Instruments. As of November 29, 2007, the total U.S. federal public debt was $5.12 trillion.[1]
"This does not include the money owed by states, corporations, or individuals, nor does it include the money owed to Social Security beneficiaries in the future. If intragovernment debt obligations are included, the debt figure rises to roughly $9 trillion.[2] If unfunded Medicaid, Social Security, etc. promises are added, this figure rises dramatically to a total of $59.1 trillion..."
Thanks in advance to all who answer.
2007-12-18
11:01:36
·
3 answers
·
asked by
Anonymous
in
Politics & Government
➔ Law & Ethics