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Strategies & Market Trends : Jorj's Paint The Table -- His Best Thread Yet

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To: John Pitera who started this subject4/4/2002 10:55:50 AM
From: Baldur Fjvlnisson  Read Replies (1) of 226
 
Federal Government Debt - a record high
(Treasury data and Federal Government Debt Report, (includes $1.3 trillion federal govt. owes foreigners, plus $2.6 trillion debt owed domestic public, plus the $2.6 trillion surlplus siphoned from and owed to trust funds) $5.9 Trillion

State & Local government debt - a record high
(State & Local Government Spending Report) $1.4 Trillion

Un-funded Social Security contingent liabilities estimated looking forward * $10 Trillion

Un-funded Medicare contingent liabilities, estimated * $ 7 Trillion

Un-funded federal employee pension and medical contingent liabilities (incl. Postal service)* ? no estimate

Un-funded state & local government employee pension & medical liabilities ? no estimate

Other off-budget Federal Govt. borrowings* ?

SUM above Government Debt $24 Trillion + $?
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