National Debt Exceeds $123 Trillion, or Nearly $800,000 per Taxpayer!

[D2D]

America’s national debt now exceeds $123 trillion, according to a new report, or more than four times the official figure of $28 trillion, as calculated by the U.S. Treasury Department at the end of March.
Federal spending related to the CCP virus pandemic and economic lockdown added nearly $10 trillion to the total in 2020, according to the latest edition of the “Financial State of the Union 2021” report, compiled and published annually by Chicago-based nonprofit Truth in Accounting (TIA).
But spending amid the pandemic represents only a small portion of the total difference between the official government figure and TIA’s calculation.
“Our measure of the government’s financial condition includes reported federal assets and liabilities, as well as promised, but not funded, Social Security and Medicare benefits,” the report stated.
“Elected and non-elected officials have made repeated financial decisions that have left the federal government with a debt burden of $123.11 trillion, including unfunded Social Security and Medicare promises.”
The TIA report includes in its total debt calculation $55.12 trillion in unfunded Medicare benefits and $41.20 trillion in unfunded Social Security benefits.

https://www.theepochtimes.com/true-national-debt-exceeds-123-trillion-or-nearly-800000-per-taxpayer_3782624.html

[Dan]

Quite the gift liberal spenders dehave given future generations, eh?

[gwboolean]

All achieved under Q Party rule under the last 40 years.  All of that debt was run up to pay reparations to rich Q Party WINO elites.

When are you WINOs going to start paying some of those reparations back Duplicitous Dildo?

[wvit1001]

so that level of debt means the large corporations are getting how much per year d2?

[wvit1001]

[D2D]

 

so that level of debt means the large corporations are getting how much per year d2?

[D2D]

CCPWvit the end consumer pays all taxes!

[Dan]

What the hell is LGBTQanon?

[gwboolean]

Dildo wants to continue paying reparations to the rich Q party WINO elites.  Too bad.  Reparations are about to end.

[D2D]

Proof, please!