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Thread: Poll: 71% shun GOP handling of debt crisis

  1. #231
    Disappointed Evolutionist
    Catawba's Avatar
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    05-28-13 @ 06:15 PM

    Re: Poll: 71% shun GOP handling of debt crisis

    Quote Originally Posted by upsideguy View Post
    That is actually not correct, Catawba as the debt to the so-called SS trust fund (which is about $4T) is actually included in the $14.3T debt. The debt held by public is actually a little less than $10T.

    Debt to the Penny (Daily History Search Application)

    For this reason, people that wish to assert that the debt is $14.3T can not also assert that social security is insolvent as just stating that the debt is $14.3T is also saying that the so-called trust fund as more than $4T in equity.
    Thanks for the correction, and good follow-up point! Looks like you were correct on the debt to SS being included in our total National Debt Taylor. My apologies!
    Last edited by Catawba; 08-02-11 at 01:43 AM.
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