Intragovernmental holdings
In economics, intragovernmental holdings (also known as intragovernmental debt or intragovernmental obligations) are Government Account Series (GAS) securities held by government trust funds, revolving funds and special funds. [1]
Intragovernmental debt is incurred when the government borrows from federal trust funds to help fund current operations.[2]
United States
In the United States, intragovernmental holdings are primarily composed of the Medicare Trust Fund, the Social Security Trust Fund, and Federal Financing Bank securities. A small amount of marketable securities are held by government accounts. [1][3]
The value of intragovernmental debt holdings as of November 1, 2016 is 5,475,201,674,033.23.[4]
See also
US specific:
- United States public debt
- United States Treasury security
- Federal Financing Bank
- Bureau of Public Debt
- Federal Reserve System
- Office of Management and Budget (OMB)
References
- 1 2 "Frequently Asked Questions about the Public Debt". FAQ. U.S. Department of the Treasury, Bureau of the Public Debt. Retrieved 21 March 2010.
- ↑ Andrew L. Yarrow (28 April 2008). Forgive us our debts: the intergenerational dangers of fiscal irresponsibility. Yale University Press. p. 50. ISBN 978-0-300-12353-1. Retrieved 21 March 2010.
- ↑ "FRONTLINE: ten trillion and counting: defining the debt". Defining the debt. PBS. Retrieved 21 March 2010.
- ↑ https://www.treasurydirect.gov/govt/reports/pd/pd_debttothepenny.htm
External links
- Treasury Direct
- Monthly Statement of the Public Debt (MSPD) and Downloadable Files, Treasury Direct
- Federal Financing Bank
- Factors Affecting Federal Reserve Balances, Federal Reserve statistical release
- Financial Management Service, A Bureau of the United States Department of the Treasury
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