1. Selling Treasury Bills (T-Bills) - sold for 1 year or less; they do not pay interest until maturity and are sold at a discount of par value 2. Selling Treasury Bonds (T-Notes) - mature in 1 to 10 years, have a coupon payment every six months, and have denominations of $1,000coupon payment 3. Selling Savings Bonds (T-Bonds) - maturity from 20 to 30 years, have a coupon payment every six months like T-Notes, and are commonly issued with maturity of 30 years.coupon payment
1. Social Security and Medicare Trust Funds and Federal Reserve = 41% 2. China + Japan = 15% 3. Other countries and organizations http://www.facethefactsusa.org/facts/who-holds-the-note-look-in-the- mirror-infographic/
A: Here is a pie chart showing the makeup, or ownership, of the National Debt as of December 1998.
1. The War for Independence 2. The Civil War 3. World War I 4. World War II
1. The Federal Government takes over the debts of the states 2. The states take over the debts of the Federal Government 3. Individuals who buy bonds take over the national debt 4. Printing money to pay off debt