Systemic Debt 2008

Systemic Debt as of 12/31/2008

TCMDO                     53,361

Intragov. Holdings         4,330

FERS (as of 9/30/2008)     5,319

Soc. Security unfunded     5,300

Medicare unfunded          2,400

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Total Systemic Debt       70,710

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Note that the method of calculated the Medicare unfunded liabilities changed between 2008 and 2009.  To prevent distortion, I am just using the 2009 number here.

This number is almost identical to 2008.