Go Back   The Finance Forums > Finance forums > Debt



Debt Discussions about debt and how to deal with debt.

Reply
 
Thread Tools
  #1  
Old 04-17-2017, 04:34 AM
Centaura Centaura is offline
Junior Member
 
Join Date: Apr 2017
Posts: 1
Default Rising US National Debt 2017

The bulk of the U.S. national debt in 2017 (over $14.5 trillion worth), is owned by a consortium of public sector groups, foreign governments, banks, insurance companies, and others. Some of this debt is concentrated, not only in U.S. Treasuries, but in savings bonds and Treasury Insurance Protected Securities (TIPS).

When this debt rises in an unsustainable manner, such as is the case today, it increases the long-term obligations of the U.S. government and increases interest payments necessary to service the debt load. Since the government receives the bulk of revenues in the form of taxes, higher interest payments and future obligations put upward pressure on taxes down the line.
Reply With Quote

Old Sponsors
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



» Boards




All times are GMT -4. The time now is 01:33 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.