Addressing Chronic Fiscal Imbalances
Around the world, the public and private sectors are suffering from financial imbalances that threaten our economic system. How did we get here? What are the implications? What will it take to get us out of this mess? We'll show you.
As of March 2013, the United States federal debt is $16.4 trillion. Of that total, about $4.5 trillion is held by federal government agencies, and another $4.5 trillion is held by foreign investors including the British, Japanese, and Chinese.