Here: http://www.usdebtclock.org/
National Debt: $17T
Treasury Securities: $914T
AFAIK "Treasury Securities" are a synonym for "national debt." Then why are Treasury Securities like 50x the National Debt? Am I missing something?
National Debt: $17T
Treasury Securities: $914T
AFAIK "Treasury Securities" are a synonym for "national debt." Then why are Treasury Securities like 50x the National Debt? Am I missing something?
http://www.investopedia.com/articles/04/011404.asp
http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm
From the Treasury website
Quote
Financing the Debt
Why does the debt sometimes decrease?
The Public Debt Outstanding decreases when there are more redemptions of Treasury securities than there are issues.
How do you make a contribution to reduce the debt?
There are two ways for you to make a contribution to reduce the debt:
You can make a contribution online either by credit card, checking or savings account at Pay.gov
You can write a check payable to the Bureau of the Fiscal Service, and in the memo section, notate that it's a Gift to reduce the Debt Held by the Public. Mail your check to:
Attn Dept G
Bureau of the Fiscal Service
P. O. Box 2188
Parkersburg, WV 26106-2188
Why does the debt sometimes decrease?
The Public Debt Outstanding decreases when there are more redemptions of Treasury securities than there are issues.
How do you make a contribution to reduce the debt?
There are two ways for you to make a contribution to reduce the debt:
You can make a contribution online either by credit card, checking or savings account at Pay.gov
You can write a check payable to the Bureau of the Fiscal Service, and in the memo section, notate that it's a Gift to reduce the Debt Held by the Public. Mail your check to:
Attn Dept G
Bureau of the Fiscal Service
P. O. Box 2188
Parkersburg, WV 26106-2188
Not even tax deductible. Just a gift. LOL