"U.S. government debt currently totals around $16 trillion. The Treasury estimates that this debt will rise to around $20 trillion by 2015, over 100% of America's Gross Domestic Product.
That's not counting other current and contingent commitments not explicitly included in the debt figures - government support for Freddie Mac and Fannie Mae (known as government-sponsored enterprises) of over US$5 trillion and unfunded obligations of over $65 trillion for programs such as Medicare, Medicaid and Social Security. State governments and municipalities have additional debt of around $3 trillion."
http://www.marketwatch.com/story/debt-is-drowning-the-american-dream-201
2-10-17?pagenumber=1
That's not counting other current and contingent commitments not explicitly included in the debt figures - government support for Freddie Mac and Fannie Mae (known as government-sponsored enterprises) of over US$5 trillion and unfunded obligations of over $65 trillion for programs such as Medicare, Medicaid and Social Security. State governments and municipalities have additional debt of around $3 trillion."
http://www.marketwatch.com/story/debt-is-drowning-the-american-dream-201
2-10-17?pagenumber=1
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