What Is the Public Debt?

What is the public debt

The Debt Held by the Public, or public debt, is all federal debt held by individuals, corporations, state or local governments, foreign governments and other entities outside the U.S. Government, less Federal Financing Bank securities. The types of securities held by the public include, but are not limited to, Treasury bills (T-bills), Treasury notes (T-notes), Treasury Inflation-Protected Securities (TIPS), U.S. Savings Bonds and State and Local Government Series securities. SOURCE: See also:

National Debt Glossary

Looks up the key terms for understanding America's financial crisis

Frequently Asked Questions National Debt

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