#USNationalDebt đš What Is the U.S. National Debt?
The U.S. national debt is the total amount of money the federal government owes to creditors. Itâs primarily made up of:
1. Public Debt: Money borrowed through Treasury securities (bonds, notes, bills) from:
⢠Individuals
⢠Corporations
⢠Foreign governments (like China, Japan)
2. Intragovernmental Holdings: Money the U.S. government owes itself, e.g., borrowing from trust funds like Social Security or Medicare.