economy
March 24, 2026
Alarm for the US Financial System
According to published consolidated financial reports, total assets amount to $6.06 trillion, while liabilities have reached $47.78 trillion.
TL;DR
- Total assets are $6.06 trillion, while liabilities are $47.78 trillion.
- Net position is -$41.72 trillion.
- Public debt and interest increased by $2 trillion to $30.33 trillion.
- Obligations for employees and veterans increased by $438.8 billion to $15.47 trillion.
- Unfunded liabilities for social programs (Social Security, Medicare) grew by $10.1 trillion in one year to $88.4 trillion.
- Total obligations, including social programs, exceed $136 trillion, approximately five times the US annual GDP.
- The long-term fiscal gap increased from 4.3% to 4.7% of GDP.
- Auditors have not been able to confirm financial reports for 29 consecutive years due to issues in financial management, especially within the Department of Defense and inter-agency transactions.
- The magnitude of the numbers, expressed in trillions, makes them difficult for the public to grasp, contributing to a lack of public reaction.