Birdwatch Note Rating
2024-03-28 14:04:13 UTC - NOT_HELPFUL
Rated by Participant: 19FA3CAD4E3DE6C928399B5B0FD0374F97C60950460E9E4318D73E798684D30C
Participant Details
Original Note:
Very little of the interest on debt goes to China. China owns ~2.5% of gross US government debt. Japan is the foreign nation with the largest amount held, at about 3%. By contrast, the Federal Reserve holds about 15%. The Social Security Administration holds about 7.5%. https://www.ssa.gov/oact/STATS/table4a3.html https://fred.stlouisfed.org/series/FDHBFRBN https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/ https://www.investopedia.com/articles/investing/080615/china-owns-us-debt-how-much.asp
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