Anna Helhoski
π€ SpeakerAppearances Over Time
Podcast Appearances
borrow from the most? That'd be Japan at more than $1 trillion, followed by China and the U.K. And some other large debt holders are Luxembourg, the Cayman Islands, Belgium, and Canada. In recent decades, we've come to rely more on foreign lenders than we once did. Now, what about intra-governmental debt? So this isn't a traditional debt in the way a public debt is.
borrow from the most? That'd be Japan at more than $1 trillion, followed by China and the U.K. And some other large debt holders are Luxembourg, the Cayman Islands, Belgium, and Canada. In recent decades, we've come to rely more on foreign lenders than we once did. Now, what about intra-governmental debt? So this isn't a traditional debt in the way a public debt is.
borrow from the most? That'd be Japan at more than $1 trillion, followed by China and the U.K. And some other large debt holders are Luxembourg, the Cayman Islands, Belgium, and Canada. In recent decades, we've come to rely more on foreign lenders than we once did. Now, what about intra-governmental debt? So this isn't a traditional debt in the way a public debt is.
It's money that's shuffled around from one department to another in order to fund programs. But that money still needs to be tracked for the sake of accounting. An example of an intra-governmental debt is the largest one, the Social Security Old Age and Survivors Insurance Trust Fund. And that's one of the funds that the Social Security Administration uses to pay benefit recipients.
It's money that's shuffled around from one department to another in order to fund programs. But that money still needs to be tracked for the sake of accounting. An example of an intra-governmental debt is the largest one, the Social Security Old Age and Survivors Insurance Trust Fund. And that's one of the funds that the Social Security Administration uses to pay benefit recipients.
It's money that's shuffled around from one department to another in order to fund programs. But that money still needs to be tracked for the sake of accounting. An example of an intra-governmental debt is the largest one, the Social Security Old Age and Survivors Insurance Trust Fund. And that's one of the funds that the Social Security Administration uses to pay benefit recipients.
Earlier this year, the Congressional Budget Office projected that the national debt will increase by $23.9 trillion over the next 10 years. It also forecast that the federal budget deficit in fiscal year 2025 is on pace to grow by $1.9 trillion.
Earlier this year, the Congressional Budget Office projected that the national debt will increase by $23.9 trillion over the next 10 years. It also forecast that the federal budget deficit in fiscal year 2025 is on pace to grow by $1.9 trillion.
Earlier this year, the Congressional Budget Office projected that the national debt will increase by $23.9 trillion over the next 10 years. It also forecast that the federal budget deficit in fiscal year 2025 is on pace to grow by $1.9 trillion.
It doesn't really pay it off. It just manages the debt. And debt can be offset by revenue, so bringing in tax revenue and issuing treasury securities. If people cash in enough treasury securities that it exceeds the total number sold, that can bring down the debt too. Budget surpluses would also reduce the debt, but the U.S. hasn't had a surplus since the 90s during the Clinton administration.
It doesn't really pay it off. It just manages the debt. And debt can be offset by revenue, so bringing in tax revenue and issuing treasury securities. If people cash in enough treasury securities that it exceeds the total number sold, that can bring down the debt too. Budget surpluses would also reduce the debt, but the U.S. hasn't had a surplus since the 90s during the Clinton administration.
It doesn't really pay it off. It just manages the debt. And debt can be offset by revenue, so bringing in tax revenue and issuing treasury securities. If people cash in enough treasury securities that it exceeds the total number sold, that can bring down the debt too. Budget surpluses would also reduce the debt, but the U.S. hasn't had a surplus since the 90s during the Clinton administration.
Can you tell me why national debt matters? It matters because it affects the economy at large. It also influences consumer, company, and investor behaviors, and it guides policy decisions. When the national debt is high, individuals and companies may lose confidence in the economy, and that can impact how they invest and spend.
Can you tell me why national debt matters? It matters because it affects the economy at large. It also influences consumer, company, and investor behaviors, and it guides policy decisions. When the national debt is high, individuals and companies may lose confidence in the economy, and that can impact how they invest and spend.
Can you tell me why national debt matters? It matters because it affects the economy at large. It also influences consumer, company, and investor behaviors, and it guides policy decisions. When the national debt is high, individuals and companies may lose confidence in the economy, and that can impact how they invest and spend.
Declining confidence could also lead the Federal Reserve to increase interest rates or keep them high, which makes it more difficult for people to borrow. It could ultimately lead to lower economic growth, which, as I explained earlier, will make it even harder to manage the national debt. And if the U.S.
Declining confidence could also lead the Federal Reserve to increase interest rates or keep them high, which makes it more difficult for people to borrow. It could ultimately lead to lower economic growth, which, as I explained earlier, will make it even harder to manage the national debt. And if the U.S.
Declining confidence could also lead the Federal Reserve to increase interest rates or keep them high, which makes it more difficult for people to borrow. It could ultimately lead to lower economic growth, which, as I explained earlier, will make it even harder to manage the national debt. And if the U.S.
doesn't have the revenue it needs to offset more of the debt, then interest on the debt just grows, which could lead the U.S. to borrow more, increase taxes or cut spending on programs that people and businesses rely on. It's basically a negatively reinforcing cycle.
doesn't have the revenue it needs to offset more of the debt, then interest on the debt just grows, which could lead the U.S. to borrow more, increase taxes or cut spending on programs that people and businesses rely on. It's basically a negatively reinforcing cycle.