Why May Foreign Ownership of U

question 23

Essay

Why may foreign ownership of U.S.debt be good for the United States? Why may foreign ownership of U.S.debt be bad for the United States?

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Definitions:

Fiscal Year

A one-year period used for financial reporting and budgeting, not necessarily coinciding with the calendar year.

Government Expenditures

The financial spending by the government for its operations and public services.

Federal Level

Pertaining to the central government of a federation as opposed to state, provincial, or local levels.

Government Spending

Expenditures by the government for goods and services that government consumes for public purposes or to benefit its citizens.