Actual US Deficit $8 Trillion, Greater Than $6.6 Trillion After Tax Income
From TrimTabs Money Blog
November 28, 2012 - 1:58am
Two former Clinton Economists had uncovered, buried in the annual Medicare Trustees Report, that the growth in today’s dollars of future Medicare and Social Security obligations is a whopping $7 trillion annually. What that means is if the US were a public company it would have to report a loss of $7 trillion this year, and that would boost the current budget deficit to $8 trillion. Read More The post Actual US Deficit $8 Trillion, Greater Than $6.6 Trillion After Tax Income appeared first on TrimTabs Money Blog.
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