Official Federal Debt

POSTED Wed, 08/11/2010 - 09:53 | POSTED BY tom

$202 trillion (yes, trillion with a "t") according to Boston University economist Laurence Kotlikoff.

This includes the Social Security, Medicare and Medicaid liabilities that the federal government considers "unofficial" (aka unaccounted for) at the moment.

Click here to read the Bloomberg op-ed by Professor Kotlikoff.

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