Gross public debt minus all government interagency borrowing is

Question

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Net public debt is the gross public debt that has been accumulated minus all interagency borrowing. It represents the amount of debt that the government owes to the public. A budget deficit, on the other hand, is the amount by which government spending exceeds revenue in a given fiscal year. U.S. Treasury bonds are a form of government debt, but they do not represent the net public debt figure. Entitlements are federal programs that provide benefits to individuals who meet certain eligibility criteria, such as Social Security or Medicare, and do not relate to public debt.

Gross Public Debt Minus All Government Interagency Borrowing Is