People commonly demonstrate resilience. One example is the response of many Americans to the September 11, 2001 terrorist attacks and individualsâ efforts to rebuild their lives. Being resilient does not mean that a person doesnât experience difficulty or distress.
The Public Debt Outstanding represents the face amount or principal amount of marketable and non-marketable securities currently outstanding. The Public Debt Subject to Limit is the maximum amount of money the Government is allowed to borrow without receiving additional authority from Congress.
Government debt. Government debt (also known as public interest, national debt and sovereign debt) is the debt owed by a government. By contrast, the annual government deficit refers to the difference between government receipts and spending in a single year. Government debt can be categorized as internal debt (owed to lenders within the country) and external debt (owed to foreign lenders). Another common division of government debt is by duration until repayment is due.