US loans from China at issue in debt-ceiling fight

Apr 29, 2013 | Posted by: roboblogger | Full story: Daily Reporter

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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Don Joe

Saint Paul, MN

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#1
Apr 29, 2013
 

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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.
Lance Winslow

San Jose, CA

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Apr 29, 2013
 

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Don Joe wrote:
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.
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.
see the light

El Paso, TX

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Apr 29, 2013
 

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"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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