America’s Hidden Debt
Posted By thestatedtruth.com on March 2, 2010
When anyone talks about U.S. debt, they typically refer to two numbers.
The first is the debt held by the public. That’s money owed to those who have bought U.S. Treasurys, most notably big bond mutual funds and foreign governments. Debt held by the public today is roughly $8 trillion and rising.
The second number is the money the federal government owes to government trust funds, such as those for Medicare and Social Security. The government has used revenue collected for those
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