Question

The top holder by far is U.S. Citizens and American entities, such as state and local governments, pension funds, mutual funds, and the Federal Reserve.

Answer 1

Answer:

The answer is below

Explanation:

The excerpt from an article written by Heather Long titled "Who Owns America's Debt?" on May 10, 2016.

The top holder OF THE UNITED STATES DEBTS by far is U.S. Citizens and American entities, such as state and local governments, pension funds, mutual funds, and the Federal Reserve. TOGETHER THEY OWN THE VAST MAJORITY OF THE UNITED STATES DEBT, A 67.5 PERCENT OF THE DEBT.

The rest of 32.5 percent is owned by the Foreign Nations, including China that owned 7 percent.