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https://www.gao.gov/legal/federal-vacancies-reform-act

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National debt of the United States

The national debt of the United States is the total national debt owed by the federal government of the United States to treasury security holders. At any given point in time, the U.S. national debt is the cumulative face value of all outstanding treasury securities that have been issued by the U.S. Department of Treasury and American federal agencies. It does not generally include unfunded or future obligations.