Kai Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
Over the past couple of decades, the share of U.S.
Over the past couple of decades, the share of U.S.
government spending being backrolled by foreign countries has been falling.
government spending being backrolled by foreign countries has been falling.
And as Marketplace's Supriya Beneshul reports, that affects almost everyone in this economy.
And as Marketplace's Supriya Beneshul reports, that affects almost everyone in this economy.
The U.S.
is $31 trillion in debt to the public.
is $31 trillion in debt to the public.
That is, for reference, about as much as the entire U.S.
That is, for reference, about as much as the entire U.S.
economy produces in a year.
economy produces in a year.
We owe about 30 percent of that to other countries and foreign investors.
We owe about 30 percent of that to other countries and foreign investors.
Here's the thing.
Here's the thing.
It used to be almost half of all publicly held debt.
It used to be almost half of all publicly held debt.