In response to:

$16,000,000,000,000

DanB_Tiffin Wrote: Sep 04, 2012 5:48 PM
Actually, the debt for the grandkids and great grandkids is more like $120 trillion in unfunded entitlements only. it is the same usdebtclock dot org (as seen above) shows it on its bottom line. Libs want even more entitlements. Again, this is entitlements only!
Phd3 Wrote: Sep 04, 2012 6:03 PM
"unfunded entitlements" is made-up hogwash, designed to trick the stupid.
Cuban Peete Wrote: Sep 04, 2012 6:09 PM
Please, do enlighten us how that is so.

According to the Treasury Department, the U.S. National Debt has topped $16 trillion. Here's a visual courtesy of USDebtClock.org.

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So what exactly does this mean?

Just under $5 trillion of the national debt is owed to the Social Security Trust Fund and federal pension systems. A little more than $11 trillion is owed to foreign and domestic...