Is Real U.S. Debt Figure $211T -- not $14.3T?
Bloomberg BusinessWeek, in its current cover story “Why The Current Debt Crisis is Even Worse Than You Think,” argues the true measure of U.S. debt ought to be the so-called fiscal gap. That’s the present value of the difference between the nation’s total revenues and its total obligations. That comes to $211 trillion.
(Source: abcnewsradioarchive)