Savings Bonds Faq
May 13th, 2008
Question: What do the following Public Debt figures say about the Bush admin and the GOP?
Jan 15, 2000 – $5,719,849,572,269.03
Jan 10, 2008 – $9,198,377,804,543.39
enter dates Jan 15 2000 – Jan 10 2008
http://www.treasurydirect.gov/NP/NPGateway
What is the Debt Held by the Public?
The Debt Held by the Public is all federal debt held by individuals, corporations, state or local governments, foreign governments, and other entities outside the United States Government less Federal Financing Bank securities. Types of securities held by the public include, but are not limited to, Treasury Bills, Notes, Bonds, TIPS, United States Savings Bonds, and State and Local Government Series securities.
http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm#DebtOwner
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More direct link:
==> http://www.treasurydirect.gov/NP/BPDLogin?application=np
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Answer: The only thing that it tells me is that there was a large increase from 2000 to 2008. which would lead me to believe that this increase is due to the war in Iraq, national security, the housing crisis, Katrina, and many other things that happened post 2000.
I’m just happy to know that my money is being spent wisely.
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