Related: government
Is this what we pay our politicians for? The U.S. national debt now stands at $53 trillion. 53 trillion! It’s the kind of number astronomers should be throwing around, not legislators by reddit
“That’s what the government has committed to pay in Social Security and Medicare benefits in excess of revenues. As of January 1, 2008, current and promised future Social Security benefits amounted to $6.7 trillion. And between Medicare’s three programs (hospital insurance, outpatient and prescription drug), current and future promised Medicare benefits amounted to $34.1 trillion.” source...
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