Statement of the Contingent Liability of the U.S. Government

PAD-78-47: Published: Feb 23, 1978. Publicly Released: Feb 23, 1978.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

In response to a request for a statement of the total contingent liability of the United States, estimates were assembled of the following as reported by the Department of the Treasury: loans, guarantees (including Federally guaranteed housing loans, student loans, Amtrak guarantees, and rural loans) totaling $190.6 billion, insurance commitments (including coverage of deposits in commercial banks, savings and loans, and credit unions; life insurance; flood and crop failure insurance; and some loan insurance) totaling $1,629.1 billion, unadjudicated claims totaling $14.0 billion, international commitments liabilities totaling $10.3 billion, and other contingencies totaling $28.9 billion. Estimates were also presented of actuarial deficits of the Social Security system and Federal pension systems as of September 30, 1976.

Jan 13, 2021

Dec 16, 2020

Dec 9, 2020

Dec 3, 2020

Nov 30, 2020

Nov 24, 2020

Nov 23, 2020

Nov 18, 2020

Oct 7, 2020

Looking for more? Browse all our products here