By the end of 2021, the federal government had $28.43 trillion in federal debt. However this does not include unfunded liabilities for future Social Security, Medicare and Medicaid payments, which come to another $60 trillion in debt. This is not the distant future. Social Security goes broke in 2037, Medicare goes bankrupt in 2026 and Medicaid's trust fund runs out of money in 2028.
From the article linked below: "The unrecorded debt — about $60 trillion — works out to roughly $240,000 for every adult living in the United States, but the country’s median wealth is a mere $44,900 per adult."
$80 Trillion
From the article linked below: "The unrecorded debt — about $60 trillion — works out to roughly $240,000 for every adult living in the United States, but the country’s median wealth is a mere $44,900 per adult."
$80 Trillion
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