Understanding the National Debt: Facts and Figures Revealed

School: St. Ambrose University - Course: FIN 3103 - Subject: Accounting

NATIONAL DEBT CALCULATOR ASSIGNMENT Go to:http://www.usdebtclock.org/ It is understood that some of the numbers keep changing.Just write down what you see when you are filling out the form.Look closely.All of the answers are there. Hint:The Amount of US Unfunded Liabilities (GAAP) is at the bottom of the page. Fill in the table below: QUESTIONANSWER How much is the National Debt ?$27,892,634,934,795 Debt per Citizen$3,711 Federal Tax Revenue$3, 461,530,126,829 US Unfunded Liabilities$159,261,299,679,519 US Self Employed$8,721,273 Student Loan Debt$1,728,143,179,747 Official Unemployed10,139,858 Actual Unemployed18,520,574 Food Stamp Recipients45,646,060 Medicare Enrollees61,382,017 Medicaid Recipients77,700,256 Americans Living in Poverty35,889,814

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