taxes excessive debt have grown taxes publicly held Government Accounting intragovernmental debt national debt U.S. Government Accounting taxes more than $134,000 sixty-three trillion dollars excessive debt 1. Responsibility sixty-three trillion dollars 25 percent www.justfacts.com/nationaldebt.asp Graph of U.S. Debt Since 1790 intragovernmental debt D. Consequences http://www.justfacts.com... sixty-three trillion dollars $84.3 trillion National Debt - Just Facts amount to 3. Tax Distribution http://www.justfacts.com/nationaldebt.asp national debt 107% of our GDP http://www.justfacts.com/nationaldebt.asp http://www.justfacts.com/nationaldebt.asp http://www.justfacts.com/nationaldebt.asp Effects on Economic Growth excessive debt amounts to National Debt - Just Facts excessive debt Tallying other factors taxes taxes national debt Effects on Economic Growth broad range dumps our debt sixty-three trillion dollars http://www.justfacts.com... Unfunded Obligations dumps our debt Tallying National Debt - Just Facts have grown F. Government Accounting $84 trillion federal spending partial measure broad range more than 25 percent burdens 3. Debt Owed to Federal Entities sixty-three trillion dollars portion of federal spending Government Accounting 5. Congresses Federal Spending by Category federal spending 3. Debt Owed to Federal Entities H. Media taxes 4. Public Opinion Effects on Economic Growth reporting Federal Spending by Category Unfunded Obligations 107% of our GDP academic questions Government Accounting sixty-three trillion dollars 3 December 2012 publicly held 2. “Deficits” and “Surpluses” National Debt – Just Facts taxes http://www.justfacts.com/nationaldebt.asp projected Federal Spending by Category partial measure National Debt trillion﻿ http://www.justfacts.com/nationaldebt.asp negative consequences 2. Current Policies 2. Debt Owed to Foreign Entities JustFacts on National Debt National Debt – Just Facts http://www.justfacts.com... http://www.justfacts.com/nationaldebt.asp $89.9 trillion Who Owns the National Debt? National Debt - Just Facts Effects on Economic Growth $89.9 trillion Graph of U.S. Debt Since 1790 http://www.justfacts.com/nationaldebt.asp broad range 12.1 trillion dollars http://www.justfacts.com/nationaldebt.asp JustFacts www.justfacts.com/nationaldebt.asp national debt federal spending Graph of U.S. Debt Since 1790 Tallying sixty-three trillion dollars national debt National Debt - Just Facts 1. Debt Owed to Non-Federal Entities A. Introductory Notes taxes and spending http://www.justfacts.com/nationaldebt.asp Effects on Economic Growth sixty-three trillion dollars 2. Debt Owed to Foreign Entities www.justfacts.com/nationaldebt.asp intragovernmental debt taxes more than $134,000 1. Debt Owed to Non-Federal Entities more than $134,000 3. Alternative Policies national debt D. Consequences National Debt - Just Facts excessive debt 12.1 trillion dollars in 2010 1. Budget Cuts risen dramatically more than $134,000 saddled Government Accounting Just Facts Unfunded Obligations amount to www.justfacts.com/nationaldebt.asp National Debt 2. “Deficits” and “Surpluses” major portion publicly held partial measure U.S. Effects on Economic Growth intragovernmental debt Who Owns the National Debt? intragovernmental debt taxes Federal Spending by Category sixty-three trillion dollars excessive debt national debt publicly held Unfunded Obligations 320 million people Trajectory Under Current Polices Graph of U.S. Debt Since 1790 http://www.justfacts.com/nationaldebt.asp publicly held debt is going insolvent National Debt Federal Spending by Category $84 trillion http://www.justfacts.com/nationaldebt.asp above National Debt – Just Facts http://www.justfacts.com/nationaldebt.asp Trajectory Under Current Polices National Debt - Just Facts This has been the case for decades who currently pay 1% of their income to taxes National Debt - Just Facts sixty-three trillion dollars $150,000 in debt for each household www.justfacts.com/nationaldebt.asp $84 trillion JustFacts.org 12.1 trillion dollars Government Accounting federal debt http://www.justfacts.com... sixty-three trillion dollars excessive debt varying degrees sixty-three trillion dollars www.justfacts.com/nationaldebt.asp burden of the national debt on Americans national debt national debt National Debt - Just Facts http://www.justfacts.com/nationaldebt.asp 25 percent www.justfacts.com/nationaldebt.asp Jim Agresti 1. Budget Cuts more than 25 percent Government Accounting broad range federal spending Tallying varying degrees $84.3 trillion National Debt Facts sixty-three trillion dollars risen dramatically National Debt - Just Facts http://www.justfacts.com/nationaldebt.asp risen dramatically federal revenues more than $134,000 excessive debt This amounts to $71 trillion excessive debt national debt partial measure taxes have grown partial measure Tallying sixty-three trillion dollars http://www.justfacts.com/nationaldebt.asp#quantifying found publicly held debt amount to federal revenues http://www.justfacts.com/nationaldebt.asp amount to Tallying JustFacts.org academic questions risen dramatically http://www.justfacts.com/nationaldebt.asp portion of federal spending have grown JustFacts.org 3. Alternative Policies 3. The “Do Nothing” Plan JustFacts 90% of GDP just came out this week negative consequences B. Quantifying the National Debt $76.4 trillion E. Politics Just Facts publicly held debt http://www.justfacts.com/nationaldebt.asp www.justfacts.com/nationaldebt.asp 5. Congresses 1. Trust Funds and the Two Main Categories of Debt Graph of U.S. Debt Since 1790 more than 25 percent above G. Ownership Who Owns the National Debt? Government Accounting publicly held 1. Trust Funds and the Two Main Categories of Debt federal spending Trajectory Under Current Polices A. Introductory Notes 2. Spending Distribution Government Accounting publicly held 6. Presidents federal spending National Debt - Just Facts intragovernmental debt 2. Tax Cuts www.justfacts.com/nationaldebt.asp broad range 2. Current Policies I. Footnotes excessive debt intragovernmental debt 1. Responsibility justfacts.com Unfunded Obligations 1. Spending and Taxes C. Causes of the National Debt 105% of GDP have grown 2. Spending Distribution taxes and spending is going insolvent Government Accounting 3. Tax Distribution Just Facts taxes many different ways F. Government Accounting sixty-three trillion dollars Trajectory Under Current Polices publicly held debt publicly held G. Ownership above www.justfacts.com/nationaldebt.asp 4. Context Who Owns the National Debt? publicly held debt national debt excessive debt Trajectory Under Current Polices above risen dramatically Unfunded Obligations more than 25 percent Effects on Economic Growth Unfunded Obligations National Debt - Just Facts $84.3 trillion have grown amount to taxes Trajectory Under Current Polices http://www.justfacts.com/nationaldebt.asp 4. Public Opinion Federal Spending by Category National Debt - Just Facts $84 trillion H. Media above http://www.justfacts.com/nationaldebt.asp sixty-three trillion dollars Graph of U.S. Debt Since 1790 4. Context http://www.justfacts.com/nationaldebt.asp Graph of U.S. Debt Since 1790 above this measure http://www.justfacts.com... publicly held C. Causes of the National Debt National Debt - Just Facts publicly held debt Who Owns the National Debt? Federal Spending by Category 107% of our GDP publicly held debt Government Accounting 1. Spending and Taxes Who Owns the National Debt? taxes sixty-three trillion dollars E. Politics Social Security, federal pension and Medicare trust funds Social Security, federal pension and Medicare trust funds 63% of federal spending Just Facts National Debt - Just Facts B. Quantifying the National Debt National Debt $84.3 trillion $20.5 trillion or $163,000 http://www.justfacts.com/nationaldebt.asp more than 25 percent http://www.justfacts.com/nationaldebt.asp http://www.justfacts.com/nationaldebt.asp http://www.justfacts.com... more than $134,000 Who Owns the National Debt? 25 percent www.justfacts.com... 25 percent National Debt - Just Facts national debt above National Debt - Just Facts 3. The “Do Nothing” Plan http://www.justfacts.com/nationaldebt.asp excessive debt www.justfacts.com/.../ Trajectory Under Current Polices National Debt - Just Facts National Debt – Just Facts academic questions 6. Presidents Just Facts at least $61 trillion publicly held national debt taxes but pay 1,500 times as much in taxes http://www.justfacts.com/nationaldebt.asp More Info On National Debt more than 25 percent 2. Tax Cuts National Debt – Just Facts 12.1 trillion dollars national debt partial measure $84 trillion I. Footnotes sixty-three trillion dollars requires