Tuesday, September 04, 2012

US debt tops $16 trillion: So who do we owe most of that money to?

US debt tops $16 trillion: So who do we owe most of that money to? | Fox News
Fully two-thirds of the national debt is owed to the U.S. government, American investors and future retirees, through the Social Security Trust Fund and pension plans for civil service workers and military personnel.
China, it turns out, holds less than 8 percent of the money our government has borrowed over the years.

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