MSNBC’s Morning Joe: Sources of Government Debt

Steve Rattner discusses the sources of the current debt crisis, noting that the $14 trillion of total outstanding debt is only the tip of the iceberg; when the figures for unfunded Social Security liability and unfunded Medicare liability are taken into account, the figure is even more staggering.

On MSNBC’s Morning Joe on Thursday, July 14th, we discussed the sources of the current debt crisis, noting that the $14 trillion of total outstanding debt is only the tip of the iceberg. The charts below illustrate our debt obligations once we factor in the total unfunded Social Security liability and unfunded Medicare liability figures.

Click below to see the charts explained:

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