Sorry, the correct answer is
$71.6 trillion (about $228,000 per person)
Our nation’s financial hole is much worse and growing at a faster rate than politicians are willing to admit. Some people say the true size is equal to the amount we have borrowed in terms of outstanding public bonds and securities ($11.8 trillion). Others say we must add what we owe for Social Security too ($16.7 trillion – i.e. the National Debt Clock).
But the real number is much, much bigger. If you add what the government is on the hook for in terms of federal employee pensions, other commitments, and most importantly – future promises for Social Security and Medicare that will not have any dedicated money set aside to pay for them - the true size is more than $71.6 trillion, which is more than $228,000 for every person.
Our politicians must solve this problem. Until they do, No Deal, No Break. Make sure you sign the petition, and ask other to do so as well. You can learn more facts about our nation's finances at KeepingAmericaGreat.org.
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How large is the U.S. government's financial hole?
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and this man got voted back into office. what does that say about americans? have they been asleep the past four years. it's just sad that people are not paying attention to the facts.
Also, this dident start with Obama in the last four years. I am by no means a Obama supporter, i am just stating the obvious
http://www.causes.com/actions/1713441-the-sri-lanka-instead-of-rule-of-law-being-in-danger?reposter=640623
Dear friendsWe are invite All charities and well wisher's...and the global community who are interested about human rights and democracy rights to support us to reach our goal and support us to make better future to our mother land...for more details..
:http://www.causes.com/actions/1744925-funds-for-human-watch-sri-lanka.
So the politiciqns did it let them pay for it...They are the ones that are spending our money like there is no tomorrow....so they can pay it back.
It would be justified if they had to pay it back. However, remember in this great democracy we have laws to protect the criminals like that. Bottom line........never happen. You and I and our children, etc. will be the responsible ones
http://www.causes.com/actions/1713441-the-sri-lanka-instead-of-rule-of-law-being-in-danger?reposter=640623
Dear friendsWe are invite All charities and well wisher's...and the global community who are interested about human rights and democracy rights to support us to reach our goal and support us to make better future to our mother land...for more details..
:http://www.causes.com/actions/1744925-funds-for-human-watch-sri-lanka.
This posting is ALL WRONG... Social Security is not a DEBT but a SURPLUS for at least 20 years... After that, it will not be a debt since we will just pay out 85% to the recepients.. That is unless we make some changes to the program like... get rid of the Payroll Tax Ceiling.
Too bad that the SS $$s were not set aside like it was suppose to be. Congress has already spent it, so there is NOT a SURPLUS, sorry!
That's a whole lotta debt.
http://www.causes.com/actions/1713441-the-sri-lanka-instead-of-rule-of-law-being-in-danger?reposter=640623
Dear friendsWe are invite All charities and well wisher's...and the global community who are interested about human rights and democracy rights to support us to reach our goal and support us to make better future to our mother land...for more details..
:http://www.causes.com/actions/1744925-funds-for-human-watch-sri-lanka.
Our government should be minuscule. Private companies will fill in where needed if the gov't didn't monopolize so many facets of our lives!
http://www.causes.com/actions/1713441-the-sri-lanka-instead-of-rule-of-law-being-in-danger?reposter=640623
Dear friendsWe are invite All charities and well wisher's...and the global community who are interested about human rights and democracy rights to support us to reach our goal and support us to make better future to our mother land...for more details..
:http://www.causes.com/actions/1744925-funds-for-human-watch-sri-lanka.