Profits and Results With Integrity: Association of Certified Fraud Examiners' Annual Conference

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Another Way to Think About These Numbers

  • As of the End of FY 03

  • Debt held by the public—$3.9T

  • Trust fund debt—$2.9T

  • Gross debt—$6.8T

  • Gross debt per person—about $24,000

  • If we add everything on the previous slide that is not included in gross debt, the burden per person rises to over $140,000. Alternatively, it amounts to a total unfunded burden of more than $40 trillion in current dollars, which is about 18 times the current annual federal budget or more than 3 ½ times the current annual GDP.