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Friday, August 17, 2012

U.S. Government's Foreign Debt Hits Record $5.29 Trillion

The money the U.S. government owes to foreign entities rose to a record $5.2923 trillion in June, according to data released by the U.S. Treasury Wednesday afternoon.
In May, the U.S. Treasury had owed $5.2581 trillion to foreign entities. On net, in June, the U.S. government borrowed an additional $34.2 billion from foreign entities in order to fund U.S. government operations.
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1 comment:

Anonymous said...

Mostly China , after a lot of thought I would rather be owned by China than have Obama rule this country.
China , the largest Army in the world , the largest owner of nuke weapons in the world , yeh man.
2nd largest user of petroleum products in the world. The very largest manufacturer of all products in the world. Yeh man.