Total US federal debt is the sum
of debt held by the public and intragovernmental debt, and is approximately equal to deficits accumulated over the years.
To put this number into context, the total
Treasury debt held by the public today is about $ 15 trillion; a $ 5 trillion revenue shortfall would by itself require federal borrowing equal to one - third of the debt currently in the hands of the public.
The Congress faces an array of policy choices as it confronts the challenges posed by the amount of
federal debt held by the public — which has more than doubled relative to the size of the economy since 2007 — and the prospect of continued growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass.
This would result
in debt held by the public equaling the size of the economy by 2028 and fly in the face of any fiscal goals the budget may produce on paper.
The DC Bar Foundation offers a forgiveness program to increase the number of experienced, skilled lawyers working for low - income individuals, while providing assistance to the
education debt held by public interest lawyers.
The «alternative scenario» from the Congressional Budget Office (CBO) shows that spending will grow from 20 percent today to 32 percent by 2040,
while debt held by the public will grow from 74 percent to 170 percent.1
Total Debt (often, confusingly, called Total Public Debt) is actually composed of $ 10.9 trillion
of debt Held by the Public and $ 4.8 trillion held by Intragovernmental Holdings
In 2027,
debt held by the public would be lower by 0.6 percent of GDP.
In dollar terms under their plan,
debt held by the public would total $ 31 trillion and gross debt would total $ 36 trillion.
Debt held by the public will nearly double from $ 15 trillion today to $ 29 trillion by the end of the decade.
Debt held by the public: The portion of the national debt held by entities other than the federal government.
By the end of the next decade, then,
debt held by the public is expected to approach 100 percent of U.S. GDP.
Debt held by the public, such as Treasury securities held by investors outside the federal government, including that held by individuals, corporations, the Federal Reserve System and foreign, state and local governments.
The Debt Held by the Public is all federal debt held by individuals, corporations, state or local governments, Federal Reserve Banks, foreign governments, and other entities outside the United States Government less Federal Financing Bank securities.
As of February 2012, $ 5.1 trillion, or approximately one half of
the debt held by the public, was owned by foreign investors, the largest of which are China and Japan who both own over $ 1 trillion in treasury securities.
Other division can fall under the category of
the debt held by the public.