
Republican senators spearhead push to limit foreign-owned debt amid Russia-Ukraine war
Fox News
Sen. Joni Ernst R-Iowa, is leading a group of senators to introduce "The National Debt Is National Security Act," a new bill that would require no more than one-third of U.S. national debt be owed by foreign governments, entities and individuals.
America's national debt hit a record-breaking $30 trillion last month, and America’s total foreign-owed national debt exceeds $7.7 trillion dollars, with China owning roughly $1.07 trillion, according to the Department of Treasury.
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