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U.S public debt that is held by foreigners

Tuesday, April 1, 2008 – 6:52 pm

“U.S. Treasury securities are issued to finance the federal budget deficit.  Of the public debt that is privately held, about half is held by foreigners.”  Read more in this CRS report: China’s Holdings of U.S. Securities: Implications for the U.S. Economy, January 09, 2008. Citizen access to CRS Reports that are already in the public domain is provided through Open CRS, a project of the Center for Democracy & Technology; they provide and encourage Congress to provide public access to all CRS Reports. Read more here about the Congressional Research Service.

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