June 30, 2011

Taxpayer Debt Climbing

[From article]
"the federal government’s publicly held debt would top 101% of GDP by 2021,
[. . .]
Today, intragovernmental debt exceeds $4.6 trillion.
[. . .]
the Social Security system’s trustees, that program’s unfunded liabilities now exceed $18 trillion.
[. . .]
Medicare’s debt could actually top $90 trillion!

http://www.nypost.com/p/news/opinion/opedcolumnists/trillion_the_shocking_true_size_tOxcrobUBUup9IEW3vQAhJ

$120 trillion: The shocking true size of our nation's debt
Michael D. Tanner
New York Post
Last Updated: 3:54 AM, June 26, 2011
Posted: 10:59 PM, June 25, 2011

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