Tuesday, October 6, 2009

WHAT OUR CHILDREN/GRANDCHILDREN WILL HAVE TO PAY OFF!!!

This is as of today! The clock continues to tick.
Accumulated Debt/Savings
In the last
28 secs.
Borrowed by the General Fund – $ 11,909,539,373,513* $ 1,422,425
Income: Income taxes. Outgo: Defense 30%, Interest 19%, ...
Saved by the Social Security Trust + $ 2,542,188,772,040 $ 133,619
Income: FICA Payroll taxes. Outgo: Benefits and disability
Saved by other Gov. Trust Funds + $ 4,315,364,251,692 $ -137,797
Income: FICA & gas taxes. Outgo: Medicare, highways, etc.

Debt Held by the Public (net debt) – $ 7,594,175,121,820 $ 1,560,222
* Gross National Debt † Debt Held by the Public Debt Clock Source Data

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