State and local governments own 5% The rest is held by pension funds, insurance companies, and Savings Bonds. The most recent complete breakdown from the U.S. Treasury is as of June 2018. The public debt was $15.6 trillion. It’s in the Treasury Bulletin, Ownership of Federal Securities, Table OFS-2.
How much money does the federal government have?
Federal Reserve and government: $10.81 trillion (December 2020) Mutual funds: $3.5 trillion State and local governments, including their pension funds : $1.09 trillion
How much is the intragovernmental portion of the national debt?
Intragovernmental Debt. This is the portion of the federal debt owed to 230 other federal agencies. In December 2018, intragovernmental holdings totaled $5.9 trillion or 27% of the debt.
Which is the best definition of public debt?
The money owed by the Federal Government to its creditors. Public Debt A principle. Doctrine Powers of Congress that are specifically spelled out in the Constitution. Expressed Powers A general agreement. Consensus Any kind of money that a creditor must, by law, accept in payment of debts. Legal Tender
How much does the state of Australia owe?
The states and territories, according to an analysis by the Parliamentary Budget Office, will owe $371 billion within three years. If everything goes according to plan, the states’ share of all Australian government debt will be 29 per cent by 2024 – more than double the long-term average of 13 per cent.
Where can I find information about the government?
Find government information on education including primary, secondary, and higher education. Find information for federal, state, and local government agencies and elected officials. Find health resources from the government. Get information and services to help with finding and keeping a home.
