Trends and major holders of U.S. federal debt
3 Mayo 2019
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Publicación
Área(s) de trabajo
Trends and major holders of U.S. federal debt
- Tipo de publicación: Oficina de la CEPAL en Washington (Estudios e Investigaciones)
- Autor corporativo de la publicación (Autor institucional): NU. CEPAL. Oficina de Washington
- Descripción física: 29 páginas.
- Editorial: ECLAC
- Símbolo ONU (Firma): LC/WAS/TS.2019/3
- Fecha: 3 de Mayo de 2019
Resumen
The U.S. debt burden became heavier as a result of the unprecedented policy response to the global financial crisis and economic recession, and it has continued to grow. On March 11, the U.S. administration unveiled a US$ 4.75 trillion budget proposal that projects debt held by the public will hit US$ 22.8 trillion by 2025, more than 50% higher than in 2017, when debt held by the public was US$ 14.7 trillion. Regarding short-term prospects, total U.S. debt is expected to reach a statutory limit known as the “debt ceiling” later this year, which will require a congressional vote to raise the ceiling.
Índice
- Overview
- I. Federal debt
- Major foreign holders of U.S. debt
- III. Looking ahead.