$516,348 per US household

If we use current corporate modern accounting, our US federal government would owe a record $59.1 TRILLION in liabilities. This include unfunded promises for Medicare, Social Security, and federal retirement programs which account for 85% of taxpayer liabilities.

Anyway, if we just count for the 2006-07 fiscal period for our wonderous central government, we would have recorded a loss of $1.3 trillion dollars, not the official $248 billion deficit.

USA TODAY

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