Friday, October 11, 2013

What The U.S. Owes and To Whom

This great chart comes via NPR. I do have a little contention with accounting for debt owned by Social Security (and other entitlements for that matter), as being owed to the Federal government, as the entitlement programs are essentially a pass through and promise to the people, but that aside the chart shows the sheer magnitude of the problem.

Holders of U.S. debt

Notes

The graph includes debt owed to the Social Security trust fund and other federal funds. These are sometimes excluded when calculating the debt for other purposes. For details,

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