Too bad the MSM keeps mis-reporting the actual amount the US is in the hole. But I guess it's just too much trouble to report the truth.
It's not $9.3 trillion as Katie Couric and every single other MSM report I've ever seen would like you to believe. If only it were such a pittance. No, per the General Accounting Office, it's $53 trillion. But shhhh.. don't want that number to get out!
From the GAO report, for all to see, but for the MSM and sheeple to ignore:
As discussed earlier, federal debt managed by the bureau totaled about $9 trillion at the end of fiscal year 2007.
However, that number excludes many items, including the gap between scheduled and funded Social Security and Medicare benefits, veterans’ health care, and a range of other commitments and contingencies that the federal government has pledged to support.
If these items are factored in, the total burden in present value dollars isestimated to be about $53 trillion.