Misleading CRS report to the US Congress - re: saving-investment model

This is what I wrote to the two authors:

In the above CRS Report there is a wrong model of savings-borrowing-deficits-investments in light of recent academic published papers:

1) Werner, R.A., A lost century in economics: Three theories of banking and the conclusive evidence, International Review of Financial Analysis (2015)
http://www.sciencedirect.com/science/article/pii/S1057521915001477

2) The TRUTH about BANKS , by Michael Kumhof and Zoltán Jakab , Finance & Development – A quarterly publication of the International Monetary Fund, March 2016, Volume 53 – Number 1, pp. 50-53
https://www.imf.org/external/pubs/ft/fandd/2016/03/pdf/fd0316.pdf

US report: Foreign Holdings of Federal Debt