TRUST FUNDS
AS OF THE CLOSE OF FISCAL 2001
ENTITLEMENTS
(IN MILLIONS)
1. Federal Old Age & Survivors Insurance (Social Security)..............
$1,034,114
2. Federal Disability Insurance (Social Security).................................
$135,801
3. Federal Hospital Insurance (Medicare)..........................................
$197,137
4. Federal Supplemental Medical Insurance (Medicare).....................
$41,978
5. Civil Service Retirement and Disability...........................................
$527,189
6. Airports & Airways.......................................................................
$13,660
7. Cheyenne River Sioux Tribe Terrestial Wildlife Habitat Restore.....
$12
8. Contributors, American Battle Monuments Commission.................
$91
9. Harbor Maintenance.....................................................................
$1,805
10. Highway Trust Fund.....................................................................
$24,115
11. Inland Waterways Trust Fund......................................................
$405
12. Lower Brute Sioux Tribe Wildlife Habitat Restoration..................
$4
13. Native American Institutions Endowment......................................
$26
14. Railroad Retirement Account........................................................
$24,983
15. Railroad Retirement Supplemental Account..................................
$61
16. Social Security Equivalent Benefit Account, Railroad Retirement..
$1,821
17. Tribal Special Fund, Office of the Special Trustee, Indian Affairs.
$4
18. Unemployment Trust Fund......................................................
$88,638
19. Veterans Reopened Insurance Fund...............................................
$488
20. Military Retirement......................................................................
$156,978
.
TOTAL.........................................................................................
$2,249,310
PERKS & OTHERS
(IN MILLIONS)
21. Abandoned Mines Reclamation Fund...............................................
$1,866
22. Albanian Claims Fund......................................................................
$1
23. Aquatic Resources Trust Fund.........................................................
$1,304
24. Armed Forces Retirement Home Trust Fund....................................
$99
25. Assessment Funds, Office of the Comptroller of the Currency.........
$345
26. Assets Forfeiture Fund, Justice.........................................................
$577
27. Bank Insurance Fund.......................................................................
$30,277
28. Bequests & Gifts, Disaster Relief, Funds Appropriated to President
$2
29. Bequests of Maj.Gen.Ainsworth, Library, Walter Reed Gen.Hosp...
*
30. Capitol Preservation Fund..............................................................
$36
31. Christopher Columbus Scholarship Fund.........................................
$5
32. Claims Court Judges Retirement Fund.............................................
$9
33. Coast Guard General Gift Fund......................................................
$1
34. Commissary Funds, Federal Prisons...............................................
$92
35. Community Development Credit Union Revolving Fund.................
$2
36. Conditional Gift Fund, General, Dept. of State...............................
$3
37. Court of Veterans Appeals Retirement Fund..................................
$6
38. Defense Cooperation Account, Dept. of Defense............................
$1
39. Dept. of Defense, Education Benefits Fund.....................................
$885
40. Dept. of Air Force General Gift Fund.............................................
$1
41. Dept. of Army General Gift Fund....................................................
$3
42. Dept. of Navy General Gift Fund....................................................
$2
43. District of Columbia Judges Retirement Fund..................................
$86
44. District of Columbia Pension Liability Trust Fund...........................
$2,701
45. Eisenhower Exchange Fellowship Program....................................
$8
46. Employees Health Benefits Fund, Office of Personnel Mgmt..........
$8,649
47. Employees Life Insurance Fund, Office of Personnel Mgmt...........
$23,690
48. Endeavor Teacher Fellowship Trust Fund.......................................
$1
49. Energy Employees Occupational Illness Compensation...................
$302
50. Environmental Improvement and Restoration..................................
$962
51. Esther Cattell Schmitt Gift Fund.....................................................
*
52. Exchange Stabilization Fund, Treasury............................................
$10,014
53. Expenses, Presidio Trust................................................................
$123
54. Farm Credit Insurance, Capital Corporation Investment Fund.........
$1,600
55. Federal Aid to Wildlife Restoration, Fish & Wildlife Service.........
$377
56. FHA - General and Special Risk Insurance, HUD.........................
$7
57. FHA - Liquidating Account, HUD................................................
$17,282
58. Federal Supplemental District of Columbia Pension Fund..............
$1,078
59. Foreign Fishing Observer Fund, NOAA........................................
$2
60. Foreign Service Retirement and Disability Fund.............................
$11,192
61. FSLIC Resolution Fund................................................................
$2,650
62. General Post Fund, National Homes, Dept. of Vet. Affairs.............
$32
63. German Democratic Republic Settlement Fund...............................
$5
64. Gifts & Bequests, Office of the Secretary, Dept. of Transportation
*
65. Gifts & Bequests, Treasury............................................................
$1
66. Gifts & Donations, National Endowment for the Humanities...........
$1
67. Gifts & Donations, National Endowment of the Arts......................
*
68. Guarantees of Mortgage Backed Securities Fund, HUD................
$6,575
69. Harry S. Truman Memorial Scholarship Trust Fund.......................
$1,805
70. Hazardous Substance Superfund...................................................
$56
71. Host Nation Support, US Relocation Activities Account.................
$4
72. Institute of Museaum and Library Services.....................................
*
73. Iranian Claims Settlement Fund, Treasury.......................................
*
74. Israeli Arab Scholarship Fund, Treasury.........................................
$4
75. James Madison Memorial Fellowship Foundation Fund..................
$37
76. Japan-US Friendship Trust Fund....................................................
$42
77. John C. Stennis Center, Public Service Training & Development
$10
78. Judicial Officers Retirement Fund...................................................
$152
79. Judicial Survivors Annuities Fund...................................................
$378
80. Kennedy Center Revenue Bond Sinking Fund................................
$5
81. Leaking Underground Storage Tank Trust Fund.............................
$1,704
82. Library of Congress Gift Fund........................................................
$8
83. Library of Congress Trust Fund.....................................................
$40
84. Morris K. Udahl Scholarship Trust Fund........................................
$19
85. National Archives Trust Fund.........................................................
$13
86. National Credit Union Share Insurance Fund..................................
$4,443
87. National Gift Fund, National Archives & Records Admin...............
$4
88. National Institutes of Health Conditional Gift Fund.........................
$6
89. National Institutes of Health Unconditional Gift Fund.....................
$15
90. National Security Education Trust Fund.........................................
$23
91. National Service Life Insurance Fund, Veterans Affairs..................
$11,639
92. National Service Trust, Corp. for National & Community Services
$299
93. National Resource Damage Assessment & Restoration..................
$149
94. National Waste Disposal Fund, Dept. of Energy.............................
$21,060
95. Oil Spill Liability Trust Fund...........................................................
$1,128
96. Oliver Wendell Holmes Devise Fund, Library of Congress.............
*
97. Operating Fund, national Credit Union Administration....................
$28
98. Operation & Maintenance, Indian Irrigation...................................
$30
99. Overseas Private Investment Corp................................................
$3,334
100. Panama Canal Commission Compensation Fund...........................
$77
101. Panama Canal Commission Dissolution Fund.................................
$4
102. Patients Benefit Fund, National Institute of Health..........................
$1
103. Payments to Copyright Owners, Library of Congress....................
$553
104. Pension Benefit Guaranty Corporation..........................................
$11,575
105. Postal Service Fund.....................................................................
$1,258
106. Power Systems, Indian Irrigation Projects.....................................
$33
107. Preservation, Birthplace of Abraham Lincoln..................................
*
108. Prison Industires Fund, Dept. of Justice..........................................
$28
109. Public Enterprise Revolving Fund, Treasury....................................
$148
110. Public Health Service Conditional Gift Fund...................................
$3
111. Public Health Service Unconditional Gift Fund...............................
*
112. Relief & Rehabilitation, Longshoremens & Harbor Workers Comp
$59
113. Relief & Rehabilitation, Workmens Comp. D.C. Dept. of Labor....
$5
114. Reserve Mobilization Income Insurance Fund, Defense...................
$3
115. Retired Employees Health Benefits Fund, Personnel Dept...............
$2
116. Revolving Fund for Administrative Expenses, Farm Credit Admin
$20
117. Ricky Ray Hemophilia Relief Fund.................................................
$130
118. Saving Association Insurance Fund................................................
$10,504
119. Science, Space & Technology Education, NASA..........................
$13
120. Seized Currency, US Customs Service..........................................
$214
121. Servicmens Group Life Insurance Fund..........................................
$6
122. S.Dakota Terrestrial Wildlife Habitat Restoration...........................
$32
123. Southern Nevada Public Land Management Act of 1998...............
$70
124. Tax Court Judges Survivors Annuity Fund.....................................
$7
125. Treasury Forfeiture Fund...............................................................
$175
126. The Barry Goldwater Scholarship & Excellence in Education Fund
$62
127. Unconditional Gift Fund, State Department.....................................
$88,638
128. United States Enrichment Corporation Trust...................................
$649
129. US Government Life insurance Fund, Veterans Affairs...................
$67
130. US Naval Academy General Gift Fund...........................................
$6
131. US Trustee System Fund, Justice...................................................
$141
132. Uranium Enrichment & Decommissioning Fund, Dept. of Energy
$2,556
133. Utah Reclamation Mitigation & Conservation Account, Interior......
$124
134. Vaccine injury Compensation.........................................................
$1,628
135. Veterans Special Life Insurance Fund.............................................
$488
136. Veitnam Claims Fund.....................................................................
*
137. Voluntary Separation Incentive Fund, Defense................................
$823
138. War-Risk Insurance Revolving Fund, Maritime Admin..................
$31
. . .
TOTAL...........................................................................................
$218,843
* Less than one million
COMBINED TOTAL = $2.468 Trillion = 42% of National Debt
ENTITLEMENTS ACCOUNT FOR 39% of National Debt
SOCIAL SECURITY ALONE IS 20.1 % OF THE NATIONAL DEBT
All of the 138 trust funds above hold nothing but special obligation nonmarketable (counterfeit) Treasury bonds. They never hold any real money. When needed, these markers will be turned in for cash from the Treasury's General Fund of current receipts from personal income and corporate taxes.

Surplus entitlement payments remained in the General Fund until spent by Congress and the Administration, at which time bogus bonds were deposited in these black hole debit accounts. Each account is then awarded annual interest without cash involved.

These accounts are what the government calls "Intragovernmental Holdings" to carry out the fiction of having merely borrowed the money.

But the story doesn't stop there. The federal government has at least 14 real trust funds that it reports along with the above but labels as "Public Debt" because they are real and they don't know where else to put them. These funds hold positive negotiable assets and are not debt.

REAL TRUSTS
(IN MILLIONS)
139. Custodial Tribal Fund, Office of special trustee for Indians...............
$801
140. Deposits, Outer Continental Shelf Lands Act, Minerals Mgmt, Bids
$28
141. Escrow Account, National Labor Relations Board..........................
$24
142. Federal Ship Financing Escrow Fund, Maritime Admin...................
$71
143. Gifts, Central Intelligence Agency...................................................
*
144. Kuukpik Alaska Escrow Fund.......................................................
$32
145. Payments of Alleged Violators of Dept. of Energy Regulations.........
$294
146. Seized Assets Fund, Justice............................................................
$563
147. Smithsonian Endowment Fund........................................................
$1
148. Special Investment Fund................................................................
$871
149. Thrift Savings fund, Federal Retirement..........................................
$36,778
150. Treasury Deposit Funds................................................................
$19
151. Unearned Copyright Fees, Library of Congress.............................
$3
152. Wage, Hour, and Public Contracts Restitution Fund, Labor...........
$2
.
Total............................................................................................ $39,488
* Less than one million
Earlier Lists