By: Wall Street Pit
June 24, 2013 at 14:10 PM EDT
Uncle Sam’s Trillion-Dollar Portfolio Partly Offsets the Public Debt
When policy folks talk about America’s federal borrowing, their go-to measures are the public debt, currently $12 trillion, and its ratio to gross domestic product, which is approaching 75 percent. Those figures represent the debt that Treasury has sold into public capital markets, pays interest on, and will one day roll over or repay. These [...] View the full post at: Uncle Sam’s Trillion-Dollar Portfolio Partly Offsets the Public Debt Related posts: Freddie Mac Portfolio Shrinks by 9.9% Annualized, Delinquencies Rise The Legacy of the Trillion Dollar Deficit Bill Gross Believes Bailout Plan Benefits Main Street
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