Another Way to Think About These Numbers
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Another Way to Think About
These Numbers
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 rises to more than $140,000, or about $330,000 per full-time worker. 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.
