Foreign Holdings in U.S. National Debt The $37 Trillion Debt Dilemma: Foreign Holdings and Fragile Foundations As the U.S. national debt surges past $37 trillion, concerns about its long-term sustainability are intensifying. Among the most critical vulnerabilities is the role of foreign government holdings—an often overlooked but strategically significant component of America’s fiscal architecture. Foreign Stake in U.S. Debt Roughly 30% of publicly held federal debt—about $8.5 trillion—is...