The Congressional Budget Office tracked the national debt trajectory and reported that China holds a significant portion of the U.S. national debt.
5 reports, 3 independent
Updated Sep 21
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New informationRepeats or wire copies
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What happened
The Congressional Budget Office tracked the national debt trajectory and reported that China holds a significant portion of the U.S. national debt.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Congressional Budget Office
government agency
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
Related events
- National debt has surpassed the projections made by the Congressional Budget Office (CBO).
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- Experts are co-analyzing global economic pressures while the CBO monitors US national debt and federal deficits.
- CBO tracked national borrowing under both Trump and Biden administrations, noting shared contributions to national debt rise.
- China plans to dump US Treasury reserves while Japan sells Treasuries to support its currency.