According to usatoday.com (5-29-2009) : The average (tax paying) household has a 12% increase in federal debt this year due to an explosion of federal borrowing during the recession.
The government took on (spent) 6.8 TRILLION dollars in NEW obligations in 2008, pushing the total owed by the U.S. government to a record 63.8 TRILLION dollars.
Social Security will have an increase of 1 to 2 MILLION recipients per year through 2032. The average benefit in 2008 : $12,089
Medicare will have an increase of more than 1 MILLION recipients per year starting in 2011 when the baby boomers hit 65. The average benefit in 2008 : $11,018
Pension and health care programs for military and civil servants has an increase in unfunded obligation of 300 BILLION per year since 2003. The total to date : 5.3 TRILLION DOLLARS
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