Part of the U.S.Government's huge deficit is financed by foreign countries,such as China,which is a savings surplus unit.

Name: Part of the U.S.Government's huge deficit is financed by foreign countries,such as China,which is a savings surplus unit.
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This statement is true. Many foreign countries, including China, invest in U.S. Treasury securities as a way to store their excess savings, which helps to finance the U.S. government's deficit spending.