The amount of funds the Social Security system has loaned the federal government is
A) included in the net public debt.
B) added to the gross public debt to calculate the net public debt.
C) included in the net private debt.
D) excluded from the net public debt.

Question

Quizplus · Accepted Answer

The funds loaned by the Social Security system to the federal government are part of intragovernmental holdings and are excluded from the net public debt, which only includes debt held by the public.

The Amount of Funds the Social Security System Has Loaned