Assertion: u.s.'s debt | /r/HasProperty | held by the public
Facets:
value: as a share of gdp
type: OTHER
value: to unprecedented levels
type: OTHER
Source sentences:
text: Debt held by the public, a measure of national debt, was approximately 77% of GDP in 2017, ranked the 43rd highest out of 207 countries.
text: Debt held by the public, a measure of national debt, has risen throughout the 21st century, rising from 31% in 2000 to 52% in 2009 and 77% of GDP in 2017, which was ranked 43rd highest out of 207 countries.
text: Using a subset of the national debt called "debt held by the public", U.S. debt was approximately 77% GDP in 2017.
text: Debt held by the public rose considerably as a result of the Great Recession and its aftermath.
text: The U.S. Treasury statistics indicate that, at the end of 2006, non-US citizens and institutions held 44% of federal debt held by the public.
text: Debt held by the public, a measure of national debt, was approximately $14.7 trillion or 77% of GDP in 2017, ranked the 43rd highest out of 207 countries.
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: As of May 1, 2020 federal debt held by the public was $19.05 trillion and intragovernmental holdings were $5.9 trillion, for a total national debt of $24.95 trillion.
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: Red lines indicate the "debt held by the public" and black lines indicate the total national debt or gross public debt.
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: According to the OECD, general government gross debt (federal, state, and local) in the United States in the fourth quarter of 2015 was $22.5 trillion (125% of GDP); subtracting out $5.25 trillion for intragovernmental federal debt to count only federal "debt held by the public" gives 96% of GDP.
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: This meant that the "debt held by the public" increased by $768 billion ($455B + $313B = $768B).
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: Large budget deficits over the next 30 years are projected to drive federal debt held by the public to unprecedented levels—from 78 percent of gross domestic product (GDP) in 2019 to 144 percent by 2049.
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: To the extent the U.S. debt is owed to foreign investors (approximately half the "debt held by the public" during 2012), principal and interest are not directly received by U.S. heirs.
text: Along with setting forth the congressional budget for the federal government for fiscal year 2014, it proposed budget levels for fiscal 2015 through 2023 with respect to federal revenues, new budget authority, outlays, deficits, public debt, and debt held by the public.
text: Along with setting forth the congressional budget for the federal government for fiscal year 2014, it proposed budget levels for fiscal 2015 through 2023 with respect to federal revenues, new budget authority, outlays, deficits, public debt, and debt held by the public.
text: Debt held by the public was $15.05 billion or 16.5% of GDP in 1930.
text: By 1939, the debt held by the public had increased to $39.65 billion or 43% of GDP.
text: National debt held by the public increased from its postwar low of 24.6% of GDP in 1974 to 26.2% in 1980.
text: Debt held by the public reached a high of 49.5% of GDP at the beginning of President Clinton's first term.
text: During the presidency of George W. Bush, debt held by the public increased from $3.339 trillion in September 2001 to $6.369 trillion by the end of 2008.
text: In the aftermath of the global financial crisis of 2007–08 and related significant revenue declines and spending increases, debt held by the public increased to $11.917 trillion by the end of July 2013, under the presidency of Barack Obama.
text: Red lines indicate the "debt held by the public" and black lines indicate the total national debt or gross public debt.