HAMBONE
1 Answer
Colleen
The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury. http://usgovinfo.about.com/od/moneymatters/ss/How-Much-US-Debt-Does-China-Own.htm
With a deficit of close to 17 trillion dollars now, 1.2 trillion seems like chump change.
| 13 years ago. Rating: 1 | |
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