Another Way to Think About These Numbers
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Another Way to Think About
These Numbers
Debt held by the public—$4.3T
Trust fund debt—$3.1T
Gross debt—$7.4T
Gross debt per person—about $25,000
If we add everything on the previous slide that is not included in gross debt, the burden rises to more than $145,000 per person or more than $350,000 per full-time worker. Alternatively, it amounts to a total unfunded burden of more than $43 trillion in current dollars, which is about 19 times the current annual federal budget or about 4 times the current annual GDP.
