PPT Slide
PPT Slide
Selected Fiscal Exposures: Sources and Examples 2005a
a All figures are for end of fiscal year 2004, except Social Security and Medicare estimates, which are as of January 1, 2005.
b This amount includes $845 billion held by military and civilian pension and post-retirement health funds that would offset the explicit liabilities reported by those funds.
c Figures for Social Security and Medicare are net of debt held by the trust funds ($1,687 billion for Social Security, $268 billion for Medicare Part A, and $19 billion for Medicare Part B) and represent net present value estimates over a 75-year period. Over an infinite horizon, the estimate for Social Security would be $11.1 trillion, $24.1 trillion for Medicare Part A, $25.8 trillion for Medicare Part B, and $18.2 trillion for Medicare Part D.
Source: GAO analysis of data from the Department of the Treasury, the Office of the Chief Actuary, Social Security Administration, and the Office of the Actuary, Centers for Medicare and Medicaid Services.
