Another Way to Think About These Numbers

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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 a little over $100,000. Alternatively, it amounts to a total unfunded burden of about $30 trillion in current dollars, which is roughly 15 times the current annual federal budget and 3 times the current annual GDP.