For more information, please contactcupola@gettysburg.edu. Quint, Ryan T. (2015) Ambrose Burnside, the Ninth Army Corps, and the Battle of Spotsylvania Court House,The Gettysburg College. Journal of the Civil War Era: Vol. 5, Article 7.
Updated April 17, 2017. The U.S. debt to China is $1.059 trillion, as of February 2017. That's 27.8 percent of the $3.8 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $19.9 trillion national debt is owned by either the American people or by the U.S. government itself.
Everybody knows that the US is the worldâs biggest borrower, owing a massive amount of money to China, which holds $1.15 trillion in bonds issued by Uncle Sam. With more than $16.2 trillion in debt â including the money the US owes to itself to pay for programs like Social Security â the US debt-to-GDP ratio is around 100%. (Not counting so-called intragovernmental holdings of debt, the ratio is more like 68%, according to the Government Accountability Office.)