Social security and Medicare could add trillions to the national debt
Business Insider -

Jacquelyn Martin/AP

The national debt is currently more than $21 trillion.

Social security and medicare are not factored into this.

When you factor them in and assume the government will have to pick up slack, they could add trillions to national debt.

The official, on-the-books federal debt is currently about $21.2 trillion, according to the US National Debt Clock.

$21.2T is the face amount of all outstanding Treasury paper, including so-called “internal” debt. This is about 105% of GDP and...

Loading...

Related Articles