Monday, May 9, 2011

Total US Debt

Here is another attempt at estimating the total US debt. It certainly is flawed and should be used only as a starting point for your own research.

Public Debt90237552
Fed pensions57205284
Other govt liab
Med - A268313770
Med - B1290117165
Med - D72297172
Fannie Mae3224884
Freddie Mac2262842
Student Loans744636
Fed Reserve14331324

Notes: The public debt line comes from the Treasury Dept. The next 6 lines come from the 2010 Financial Report of the US Government. The data for Fannie Mae and Freddie Mac come from their 10k's as of 12/31/10 and 12/31/09. I am including Federal Reserve data because it is all part of the same "system", and those number include total fed liabilities less assets invested in US Treasury securities to avoid double-counting. It is encouraging to see the total debt go down even if it is because of the Obamacare accounting trick.

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