Is the Federal deficit larger than the Federal Government says it is?

  1. flacoinohio profile image74
    flacoinohioposted 12 years ago

    Is the Federal deficit larger than the Federal Government says it is?

    Social Security has been used by several Presidents such as Lyndon Johnson, George Bush Sr., George Bush Jr., Bill Clinton, even Barack Obama.  Social security funds have been used to fund other programs and a few wars without ever being repaid and currently Social Security can only invest in non-negotiable, non-interest bearing markers.  Since the Social Security funds are part of the unified budget the deficit numbers look smaller than they actually are

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  2. The Frog Prince profile image69
    The Frog Princeposted 12 years ago

    When you count funded and unfunded liabilities it is astronomical.  Take a look see:  http://www.usdebtclock.org/

    The Frog

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  3. ssaffery profile image71
    ssafferyposted 12 years ago

    Well thank the education market and for-profit colleges and universities that have a stock ticker symbol because these universities such as the University of Phoenix are driving America into unemployment and even more into debt. University of Phoenix graduates cannot find work after graduation because their degrees are worthless and unaccredited, they cannot get a job to pay back their student loans and so American tax payer money is used to pay off their student loan debts. Students that drop out of the University of Phoenix or fail again rely on tax payer money to pay off their student loans.

    Get rid of the University of Phoenix because their degrees are worthless and unaccredited and use $32 billion dollars to create jobs, reduce unemployment, and keep America out of debt.

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