What is non-tax-federal debt?

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2026-07-24 04:15

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Non-tax federal debt refers to the portion of a country's national debt that is not financed through tax revenues. Instead, it primarily includes obligations incurred by the government through borrowing, such as loans and the issuance of bonds. This debt can be held by various entities, including foreign governments, institutions, and individuals. It is distinguished from tax revenues, which are funds collected from citizens and businesses to finance government operations.

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