One item that is considered part of the federal debt is:
A) Treasury bills.
B) future Social Security benefits.
C) student loans, which may go into default.
D) potential liabilities of savings and loan associations.

Question

Quizplus · Accepted Answer

Treasury bills are considered part of the federal debt because they are securities issued by the U.S. Department of the Treasury to borrow money from the public to finance government operations and pay off previous debts. Future Social Security benefits, student loans, and potential liabilities of savings and loan associations are not necessarily part of the federal debt because they are different types of obligations or potential liabilities that may or may not be fully funded or guaranteed by the government.

One Item That Is Considered Part of the Federal Debt