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Federal Government Blog

Archive for the ‘US public debt’ Category

www.USAspending.gov

Wednesday, September 17th, 2008

Where Americans Can See Where Their Money Goes: USAspending.gov. The Federal Funding Accountability and Transparency Act of 2006 requires a single searchable website that provides citizens with easy access to government contract, grant and other award data. Choose the Contracts tab to search for data ...

Fannie Mae and Freddie Mac

Wednesday, July 23rd, 2008

www.fanniemae.com Fannie Mae was created in 1938, under President Roosevelt. Fannie Mae was re-chartered in 1968 by Congress as a shareholder-owned company, funded solely with private capital raised from investors on Wall Street and around the world. History:   To provide competition ...

U.S public debt that is held by foreigners

Tuesday, April 1st, 2008

"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. ...

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