Intragovernmental holdings

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In economics, intragovernmental holdings (also known as intragovernmental debt or intragovernmental obligations) are Government Account Series (GAS) securities held by government trust funds, revolving funds and special funds. [1]

Intragovernmental debt is incurred when the government borrows from federal trust funds to help fund current operations.[2]

United States[edit]

In the United States, intragovernmental holdings are primarily composed of the Medicare Trust Fund, the Social Security Trust Fund, and Federal Financing Bank securities. A small amount of marketable securities are held by government accounts. [1][3]

The value of intragovernmental debt holdings as of Jan 14, 2015 is USD 5,099,812,054,036.54.[4]

See also[edit]

US specific:

References[edit]

  1. ^ a b "Frequently Asked Questions about the Public Debt". FAQ. U.S. Department of the Treasury, Bureau of the Public Debt. Retrieved 21 March 2010. 
  2. ^ Andrew L. Yarrow (28 April 2008). Forgive us our debts: the intergenerational dangers of fiscal irresponsibility. Yale University Press. p. 50. ISBN 978-0-300-12353-1. Retrieved 21 March 2010. 
  3. ^ "FRONTLINE: ten trillion and counting: defining the debt". Defining the debt. PBS. Retrieved 21 March 2010. 
  4. ^ http://www.treasurydirect.gov/NP/debt/search?startMonth=01&startDay=01&startYear=2015&endMonth=01&endDay=15&endYear=2015

External links[edit]