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Trends and major holders of U.S. federal debt

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The U.S. debt burden became heavier as a result of the unprecedented policy response to the global financial crisis and economic recession, and it has continued to grow. On March 11, the U.S. administration unveiled a US$ 4.75 trillion budget proposal that projects debt held by the public will hit US$ 22.8 trillion by 2025, more than 50% higher than in 2017, when debt held by the public was US$ 14.7 trillion. Regarding short-term prospects, total U.S. debt is expected to reach a statutory limit known as the “debt ceiling” later this year, which will require a congressional vote to raise the ceiling.

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  • -, 2019. "Trends and major holders of U.S. federal debt," Oficina de la CEPAL en Washington (Estudios e Investigaciones) 44595, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col896:44595
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    File URL: http://repositorio.cepal.org/handle/11362/44595
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    1. Brown, Austin L. & Fleming, Kelly L. & Lipman, Timothy & Fulton, Lew & Saphores, Jean Daniel & Tal, Gil & Murphy, Colin W & Shaheen, Susan & Austin, Bernadette & Garcia Sanchez, Juan Carlos & Martin, , 2020. "Carbon Neutrality Study 1:Driving California’s Transportation Emissions to Zero," Institute of Transportation Studies, Working Paper Series qt5zb1238j, Institute of Transportation Studies, UC Davis.

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