We know only the interest on the loans get paid.
What happens to the rest of the trillions the govt brings in through profits from public/private partnerships you likely dont even know exist?
Enterprise zones, universities, oil on public lands, park usage fees, etc.
Well, you are in luck!
Walter J. Burien asked that same question, likely before you were born, or knew anything about taxes, at all.
He got lucky, a low level bureaucrat let him in on the secret of cafrs.
Do you have a local 'enterprise zone'?
What about your local skool district?
A nearby state/county public park?
All of them have cafrs, and likely millions, if not billions in invested cash.
The federal orgs have trillions stashed away.
Most stock on the nyse and nasdaq are govt controlled.
Dont believe me? Read on!
Cash collected in tax that was in excess of local requirements to run the operation goes into the cafrs.
You didnt think they just gave the excess back in tax cuts, did you?
You can find your local cafrs by inputing a govt org and 'cafr' into your favorite search engine.
Might be best to use duckduckgo, but startpage will bring them up, and provide a proxy server to look at them!
When i researched the state turnpike authority in my state, twice it refused to open, and the third time it tried to put an active x control on my machine.
So, look out!
They are not trying to let you in on their secret slush funds controlled by the local kingpin.
Of course the real kingpins want their cut, too.
Ergo, the cafr.
It is the second set of books so the oligarchy can keep tabs on its minions.
Here is the latest newsletter link.
http://www.rumormillnews.com/cgi-bin/forum.cgi?read=99941
If you are in the infowar to free yourself from the oligarchys tryanny, please tell your friends.
Likely they wont believe you, so give them the links Walter has provided as proof.
http://cafr1.com/STATES/007-Total-Wealth-2015-z1r-4.pdf
http://cafr1.com/TotalWealth.html
If this is your baliwick, information warrior, Walter isnt getting any younger, likely he wont be here in 20 years, better to learn his secrets while he is still here to give them to you first hand.
You can sign up for his newsletter at his page. http://cafr1.com
If this is not your area of expertise, please stop by his page and express your thanks for his ongoing struggle to free us from the tyranny that is coerced taxation!