Monday, April 18, 2011
A Very Good Question about Our National Debt - By Jim Manzi - The Corner - National Review Online
A Very Good Question about Our National Debt - By Jim Manzi - The Corner - National Review Online: "The total present value of payments expected under Social Security and Medicare beyond what is expected to be collected under current tax laws is about $100 trillion. One way to put that amount of money in context is to note that it is about twice the amount of all the net private assets that exist in America today."
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