US loans from China at issue in debt-ceiling fight
The bulk of the national debt - soon to exceed a staggering $17 trillion - is held by the Federal Reserve, Social Security system, various pension plans for civil service workers and military personnel, U.S. banks, mutual funds, private pension plans, insurance companies and individual domestic investors.
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Saint Paul, MN
#1 Apr 29, 2013
Why would we care? The federal reserve can pick up the slack, no matter how big it gets. Now is the time to invest, get America growing again, not cry for austerity, not cry to drown our government in debt.
#2 Apr 29, 2013
Romney clearly showed there's more money in gutting American enterprises, sending the jobs and the profits overseas, minimizing what's due in taxes and letting overseas monied interests saddle the risk.
#3 Apr 29, 2013
"We don't have a spending problem"we have a paying back problem" the idiot Obama and Democrats just keep spending money we don't have. We have to borrow from China to give aid to other Countries that hate us.
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