US loans from China at issue in debt-ceiling fight

After all, China isn’t the US’ biggest creditor. America is.

The bulk of the national debt – soon to exceed a staggering US$17 trillion – is held by the Federal Reserve, Social Security (public pension) system, private pension plans, US banks, mutual funds, insurance companies and individual domestic investors.

via Business feed http://www.scmp.com/news/world/article/1226504/us-loans-china-issue-debt-ceiling-fight