Medicare's present-value infinite-horizon unfunded obligation of $74.3 trillion is nearly five times Social Security's $15.6 trillion. Together, they total $89.9 trillion.
Not comfortable with the infinite-horizon calculations? Then focus just on the $40.6 trillion in present-value unfunded obligations for Medicare and Social Security for the next 75 years.
Keep in mind, however, that $40.6 trillion is more than three times last year's gross domestic product; 220 percent higher than the total market capitalization ($12.7 trillion as of March 31) of America's 500 biggest corporations; nearly five times the national debt ($8.8 trillion); eight times the publicly held debt ($5 trillion); and nearly 75 percent of the total net worth of U.S. households and nonprofit organizations ($56.2 trillion).
Read more at Recommended Reading: NCPA Daily Policy Digest
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