Another Way to Think About These Numbers
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Another Way to Think About These Numbers
Debt held by the public $4.3 trillion
Trust fund debt1 3.1
Gross debt $7.4 trillion
Gross debt per person—about $25,000
The $46 trillion in fiscal exposures is:
- a burden of more than $150,000 per person or more than $370,000 per full-time worker,
- nearly 19 times the current annual federal spending and 4 times the current annual GDP,
- almost equal to the estimated $48.5 trillion in total net worth, including home equity, for all Americans.