At the close of business on Aug. 31–for the first time in the history of the country–the publicly held debt of the federal government topped $10 trillion, according to data released by the U.S. Treasury Department at 4:00 p.m. yesterday.

During Obama’s presidency, debt held by the public has now increased by $3.71694 trillion–or almost 59 percent from the $6.3073 trillion in debt held by the public that the government owed to its creditors on Jan. 20, 2009, when Obama was inaugurated.

Also, according to the most recent reports available from the Treasury and the Federal Reserve, approximately $6.1 trillion of that debt—or about 61 percent of it—is owned by foreign interests (led by the Chinese and the Japanese) and by the Federal Reserve.

When Obama was inaugurated, the overall federal debt was $10.6269 trillion, with about $6.3073 trillion of that in debt held by the public and $4.3196 trillion in intragovernmental debt.

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