The document discusses the national debt of the United States, including its current size of over $9 trillion as of 2007, who it is owed to, historical trends, and potential impacts. It notes that total debt obligations including programs like Social Security and Medicare exceed $53 trillion. Much of the debt is held by the public and foreign governments, with foreign holdings increasing in recent years. Rising costs of programs and an aging population threaten to increase the debt to unsustainable levels if not addressed.

1. The National Debt: History, Trends and Impact Roni Sue Player Econ 502 – Southern New Hampshire University Term 4: 2008

2. What is the National Debt? on-budget deficits (needed to keep the Government operating) on-budget money spent off-budget money spent off-budget revenue on-budget revenue ACCUMULATED deficits ACUUMULATED OFF-BUDGET surpluses REVENUE (receipts) Money spent (outlays) MINUS

5. The total debt and how much is owed by each US citizen to the government: Nine trillion, two hundred and five billion, eight hundred and eighteen million, eight hundred and eighty seven thousand, three hundred and sixty four dollars

6. Where does the Money go? Social Security Administration Department of Defense Health and Human Services Treasury Department (includes interest on the Debt)

7. The Debt is Held by the Public and by Intergovernmental Entities

12. Our Treasury Secretary Foreign Investment in the United States "Foreign investment plays an important role in maintaining America's economic strength. When foreign companies invest in the United States, they are sending a clear signal of confidence in the American economy and American workers.” Henry M. Paulson, Jr.

13. Historical Debt w/o Inflation and…

14. … Adjusting for Inflation