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Who Really Owns the U.S. National Debt?

johnm h Wrote: Jan 21, 2013 8:08 AM

Tariffs? That wii fix our debt? If you like how the political class spent the last few trillion, you'll love how they tell you what you are allowed to consume. Protectionism is the guaranteed way to bring us down sooner than we are already doing to ourselves..

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Herb3 Wrote: Jan 21, 2013 10:24 AM

And the debt created by the political class would be cancelled except what could be confiscated from their personal net worth, their passports pulled, and pretty pink ankle bracelets.

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Herb3 Wrote: Jan 21, 2013 10:22 AM

John....Pay attention....There would be no "Political Class" in DC. Only to give direction to The Pentagon, pay veterans, and pay back those who paid into SS. All other DCers would have to go back to their State where they would be "Retrained to Carry Drilling Pipe" (metaphor for real productive jobs in the private sector.) All other powers would be reserved to the people or the States, respectively. Have you read those phrases anywhere?

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Who Really Owns the U.S. National Debt?

Today, we're taking a preliminary look at just who owns all the debt issued by the U.S. federal government through 30 September 2012 - the end of the U.S. government's fiscal year. Our chart below visualizes what we found.

The information presented in our chart above is preliminary, as the U.S. Treasury typically revises its foreign entity debt ownership data in March of each year.

Overall, U.S. entities own just 65.8% of all debt issued by the U.S. federal government. Ranking the major U.S. entities from low to high, we find that: