Rediff.com
Print this article

Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST
Dollar notes.

The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies.

As of March 2012, debt held by the public was $10.85 trillion about 70 per cent GDP, while the intragovernmental debt was $4.74 trillion or about 30 per cent of GDP.

These two amounts make a whopping national debt of $15.6 trillion, roughly 100 per cent of GDP.

Click NEXT to see to from whom US government has borrowed trillions of dollars according to CNBC...

1. Federal Reserve and Intragovernmental Holdings
US debt holdings: $6.328 trillion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST
Airport staff at Beijing International Airport's new terminal.

2. China

US debt holdings: $1.132 trillion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST
Dollar notes.

3. Other Investors/Savings Bonds

US debt holdings $1.107 trillion

Click NEXT to read more...

Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST

4. Japan

US debt holdings: $1.038 trillion

Click NEXT to read more...                                 


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST
Dollar notes.

5. Pension Funds

US debt holdings: $842.2 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST

6. Mutual Funds

US debt holdings: $653.5 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST

7. State and local governments

US debt holdings: $484.4 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST
London.

8. The United Kingdom

US debt holdings: $429.4 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST

9. Depository Institutions

US debt holdings: $284.5 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST

10. Insurance Companies

US debt holdings: $250.1 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST

11. Oil Exporters

US debt holdings: $232 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST

12. Brazil

US debt holdings: $206.4 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST
Dollar notes.

13. Caribbean Banking Centers

US debt holdings: $185.3 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST
Taipei 101.

14. Taiwan

US debt holdings: $149.6 billion

Click NEXT to read more...


Is US living on borrowed money? Its debt = $15 trillion

Last updated on: May 22, 2012 14:58 IST
Swiss bank UBS.

15. Switzerland

US debt holdings: $113.9 billion