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Posted: 2025-06-28 03:51:51 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-28 03:52:30 UTC
Verified By
Rollup News
A breakdown of who owns America's $34.4 trillion debt reveals that the Federal Reserve holds the largest portion, followed by mutual funds. The government owes itself a significant amount through intragovernmental debt, while international creditors also hold a substantial share. American savers are essentially funding the government's spending.
Federal Reserve holds the largest chunk of US debt at $5.2 trillion.
The government owes itself $7 trillion through "intragovernmental debt."
International creditors hold $7.9 trillion of American debt, with China and Japan each controlling around $1 trillion.
American savers holding $5.7 trillion in savings bonds are essentially funding the government's spending.
Potential leverage over US policy decisions due to international debt holdings.
The government's spending problem indicated by the central bank being the biggest creditor.