Intragovernmental holdings: Difference between revisions
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==United States== |
==United States== |
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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 |
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 urities are held by government accounts. <ref name="faq" /><ref>{{cite web|url=http://www.pbs.org/wgbh/pages/frontline/tentrillion/etc/ednote.html|title=FRONTLINE: ten llion and counting: defining the debt |work=Defining the debt|publisher=PBS|accessdate=21 March 2010}}</ref> |
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The value of intragovernmental debt holdings as of October 22, 2013 is USD $4,964,606,223,859.54.<ref>{{cite web|url=http://www.treasurydirect.gov/NP/debt/current|title=Debt To The Penny}}</ref> |
The value of intragovernmental debt holdings as of October 22, 2013 is USD $4,964,606,223,859.54.<ref>{{cite web|url=http://www.treasurydirect.gov/NP/debt/current|title=Debt To The Penny}}</ref> |
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Revision as of 19:39, 13 February 2014
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
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 urities are held by government accounts. [1][3]
The value of intragovernmental debt holdings as of October 22, 2013 is USD $4,964,606,223,859.54.[4]
See also
US specific:
- United States public debt
- United States Treasury security
- Federal Financing Bank
- Bureau of Public Debt
- Federal Reserve System
- Office of Management and Budget (OMB)
References
- ^ 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.
- ^ 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.
- ^ "FRONTLINE: ten llion and counting: defining the debt". Defining the debt. PBS. Retrieved 21 March 2010.
- ^ "Debt To The Penny".
External links
- Treasury Direct
- Monthly Statement of the Public Debt (MSPD) and Downloadable Files, Treasury Direct
- Federal Financing Bank
- Factors Affecting Federal Reserve Balances, Federal Reserve statistical release
- Financial Management Service, A Bureau of the United States Department of the Treasury
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