Assertion: debt | /r/HasProperty | held by the public
Facets:
value: as a percentage of gdp
type: OTHER
value: at the end of march
type: TEMPORAL
Source sentences:
text: The Debt Held by the Public is all federal debt held by individuals, corporations, state or local governments, Federal Reserve Banks, foreign governments, and other entities outside the United States Government less Federal Financing Bank securities.
text: 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.
text: The $26 trillion gross federal debt equals debt held by the public plus debt held by federal trust funds and other government accounts.
text: This figure includes both debt held by the public as well as intragovernmental debt.
text: For example, debt held by the public as a share of GDP peaked just after World War II (113% of GDP in 1945), but then fell over the following 35 years.
text: At the end of 2019, debt held by the public was approximately 79.2% of GDP, and approximately 37% of the debt held by the public was owned by foreigners.
text: At the end of 2019, debt held by the public was approximately 79.2% of GDP, and approximately 37% of the debt held by the public was owned by foreigners.
text: The Congressional Budget Office forecast in April 2018 that debt held by the public will rise to nearly 100% of GDP by 2028, perhaps higher if current policies are extended beyond their scheduled expiration date.
text: As of December 31, 2018, debt held by the public was $16.1 trillion and intragovernmental holdings were $5.87 trillion, for a total of $21.97 trillion.
text: Debt held by the public was approximately 77% of GDP in 2017, ranked 43rd highest out of 207 countries.
text: If the government continues to run deficits in other parts of the budget, the government will have to issue debt held by the public to fund the Social Security Trust Fund, in effect exchanging one type of debt for the other.
text: Only debt held by the public is reported as a liability on the consolidated financial statements of the United States government.
text: Debt held by the public as a percentage of GDP rose from 34.7% GDP in 2000 to 40.5% in 2008 and 67.7% in 2011.
text: This was measured using "debt held by the public.
text: The ratio is higher if the total national debt is used, by adding the "intragovernmental debt" to the "debt held by the public.
text: For example, on April 29, 2016, debt held by the public was approximately $13.84 trillion or about 76% of GDP.
text: Debt held by the public is expected (Congressional Budget Office Outlook) to rise from 78% of GDP ($16 trillion) at the end of 2018 to 96% GDP ($29 trillion) by 2028.
text: If lawmakers changed current laws to maintain certain major policies now in place—most significantly, if they prevented a cut in discretionary spending in 2020 and an increase in individual income taxes in 2026—then debt held by the public would increase even more, reaching 219 percent of GDP by 2049.
text: Krugman argued in May 2010 that the debt held by the public is the right measure to use, while Reinhart has testified to the President's Fiscal Reform Commission that gross debt is the appropriate measure.
text: For example, the CBPP argues: that "large increases in [debt held by the public] can also push up interest rates and increase the amount of future interest payments the federal government must make to lenders outside of the United States, which reduces Americans' income.
text: However, if the U.S. government continues to run "on budget" deficits as projected by the CBO and OMB for the foreseeable future, it will have to issue marketable Treasury bills and bonds (i.e., debt held by the public) to pay for the projected shortfall in the Social Security program.
text: For every dollar of debt held by the public, there is a government obligation (generally marketable Treasury securities) counted as an asset by investors.
text: The most recent projections from the nonpartisan Congressional Budget Office indicate that debt held by the public will rise to 93 percent of GDP in the next 10 years, or the highest since just after the end of World War II.
text: Debt held by the public is the amount that the U.S. Treasury has borrowed from outside lenders via financial markets to support government activities.
text: Many economists regard debt held by the public as the most meaningful measure of debt because it focuses on cash raised in financial markets to support government activities.
text: As a result of the economic effects of the coronavirus (COVID-19) pandemic as well as legislation passed in response to it, debt held by the public is on track to equal the size of our annual GDP this year.
text: In dollar terms, debt held by the public at the end of March 2020 was $17.7 trillion.
text: The Federal Reserve typically accounts for a significant proportion of debt held by the public owned by domestic investors.
text: Gross federal debt equals debt held by the public (explained above) plus debt held by federal trust funds and other government accounts.
text: As of February 2012, $5.1 trillion, or approximately one half of the debt held by the public, was owned by foreign investors, the largest of which are China and Japan who both own over $1 trillion in treasury securities.
text: During the George W. Bush presidency, debt held by the public as a percentage of GDP rose to 62 percent by 2008, as the gross public debt (marketable and intra-government securities) increased from $5.7 trillion to $10.7 trillion.
text: You can write a check payable to the Bureau of the Fiscal Service, and, in the memo section, notate that it's a gift to reduce the debt held by the public.
text: Debt held by the public excludes the portion of the debt that is held by government accounts.
text: Debt held by the public is the most meaningful of these concepts and measures the cumulative amount outstanding that the government has borrowed to finance deficits.
text: At the end of fiscal year 2019, the Congressional Budget Office estimates that debt held by the public will equal $16.6 trillion, or 78 percent of GDP.
text: Last spring, the Congressional Budget Office estimated that if current laws remain the same — that is, if President Donald Trump and the Republican Congress were to do nothing — debt held by the public would rise to 150% of the total economy in 2047 from 77%.
text: Around $4.8 trillion is held by various government trust funds, so only $11.9 trillion is considered debt held by the public.