One concern over external national debt is that interest and principal payments transfer wealth overseas. The percentage of the national debt held in recent years by foreigners is approximately:

Question

Quizplus · Accepted Answer

According to data from the Congressional Budget Office, approximately 30 percent of the national debt was held by foreign entities in recent years. This means that a significant portion of the interest and principal payments on the national debt are going to foreign countries, which can have implications for the economy and national security.

One Concern Over External National Debt Is That Interest and Principal