Government spending is out of control, as usual! It doesn't seem to change no matter who is president or who controls Congress. Meanwhile the national debt keeps rising! Sometimes we hear the phrase that China is going to “call” our Debt “due and payable” and cause a recession here in the United States. Is there any basis to that claim? And, is China really the biggest holder of our U.S. Treasury bonds? With a debt in the range of twenty trillion dollars, it is a good thing to know who the debt is owed to. On today's show we have the facts on exactly what compromises--and Who Owns-- the U.S. National Debt!! That and much more! You don't want to miss it! ....MASTERING MONEY is on the air!