US national debt is actually #123 trillion: Report

David Wagner  |  May 3, 2021

By David Wagner, includes “… The report states the Treasury only considers $175.3 billion of Social Security and Medicare liabilities as debt because, ‘recipients do not have the right to benefits beyond the benefits currently being paid and laws to reduce or stop future benefits can be passed at any time.’ Truth in Accounting adjusted these numbers to include the $55 trillion in unfunded Medicare benefits and $41.2 trillion in unfunded Social Security benefits.”

Read the full article on: Vision Times

comments powered by Disqus