Sunday, December 25, 2011

2011 Financial Report of the U.S. Government

http://www.fms.treas.gov/frsummary/frsummary2011.pdf

The US government has a net negative position of $14,785 billion, up from $13,473 in 2010.

Update: This report itself says that the system is unsustainable after 2024, when the Medicare Trust Fund runs out of money.

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