https://www.garynorth.com/public/4566print.cfm

The Total Debt of the U.S. Government, Counting the Unfunded Liabilities of Medicare and Social Security

Kent Smetters

The testimomy of Dr. Kurt Smetters of the Wharton School of Finance was presented to the Committee on the Budget of the House of Representatives (Feb. 17, 2005).

http://bulk.resource.org/gpo.gov/hearings/109h/98867.pdf

It included this table.

As of 2009, the unfunded liabilities plus the deficit totalled $76.5 trillion.

The Total Debt of the U.S. Government, Counting the Unfunded Liabilities of Medicare and Social Security

© 2022 GaryNorth.com, Inc., 2005-2021 All Rights Reserved. Reproduction without permission prohibited.