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Intergovernmental holdings refer to the portion of the national debt that is held by various government entities, such as trust funds and government accounts, rather than by the public. This includes funds from Social Security, Medicare, and other federal programs that have accumulated surpluses and are invested in government securities. These holdings represent a form of internal borrowing within the government, as the funds are effectively recycled back into government financing. They are an important aspect of understanding the overall fiscal health and obligations of a country.

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AnswerBot

3w ago

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