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TRUST FUNDS
AS OF THE CLOSE OF FISCAL 2002

2001

ENTITLEMENTS
(IN MILLIONS)

1.	Federal Old Age & Survivors Insurance (Social Security)..............	$1,173,759
2.	Federal Disability Insurance (Social Security).................................	$155,287
3.	Federal Hospital Insurance (Medicare)..........................................	$228,906
4.	Federal Supplemental Medical Insurance (Medicare).....................	$38,804
5.	Federal Employees Retirement and Disability................................	$586,037
6.	Airports & Airways.......................................................................	$10,997
7.	Cheyenne River Sioux Tribe Terrestial Wildlife Habitat Restore.....	$26
8.	Contributors, American Battle Monuments Commission.................	$82
9.	Harbor Maintenance.....................................................................	$1,804
10.	Highway Trust Fund.....................................................................	$18,840
11.	Inland Waterways Trust Fund......................................................	$406
12.	Lower Brute Sioux Tribe Wildlife Habitat Restoration..................	$6
13.	Native American Institutions Endowment......................................	$30
14.	Railroad Retirement Account........................................................	$23,383
15.	Social Security Equivalent Benefit Account, Railroad Retirement..	$1,877
16.	Tribal Special Fund, Office of the Special Trustee, Indian Affairs.	$133
17.	Unemployment Trust Fund......................................................	$68,265
18.	Veterans Life Insurance Fund.....................................................	$13,334
19.	Military Retirement......................................................................	$162,396

	.TOTAL.........................................................................................	$2,484,372

PERKS & OTHERS
(IN MILLIONS)

21.	Abandoned Mines Reclamation Fund...............................................	$1,895
22.	Albanian Claims Fund......................................................................	$1
23.	Aquatic Resources Trust Fund.........................................................	$1,369
24.	Armed Forces Retirement Home Trust Fund....................................	$86
25.	Assessment Funds, Office of the Comptroller of the Currency.........	$378
26.	Assets Forfeiture Fund, Justice.........................................................	$494
27.	Bank Insurance Fund.......................................................................	$30,542
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..............................................................	$62
31.	Christopher Columbus Scholarship Fund.........................................	$4
32.	Claims Court Judges Retirement Fund.............................................	$10
33.	Coast Guard General Gift Fund......................................................	$1
34.	Belize Escrow, Debt Reduction.......................................................	$1
35.	Community Development Credit Union Revolving Fund.................	$6
36.	Conditional Gift Fund, General, Dept. of State...............................	$4
37.	Court of Veterans Appeals Retirement Fund..................................	$7
38.	Defense Cooperation Account, Dept. of Defense............................	$13
39.	Dept. of Defense, Education Benefits Fund.....................................	$967
40.	Dept. of Air Force General Gift Fund.............................................	$1
41.	Dept. of Army General Gift Fund....................................................	$2
42.	Dept. of Navy General Gift Fund....................................................	$2
43.	District of Columbia Judges Retirement Fund..................................	$89
44.	District of Columbia Pension Liability Trust Fund...........................	$2,427
45.	Eisenhower Exchange Fellowship Program....................................	$7
46.	Employees Health Benefits Fund, Office of Personnel Mgmt..........	$7,552
47.	Employees Life Insurance Fund, Office of Personnel Mgmt...........	$25,350
48.	Endeavor Teacher Fellowship Trust Fund.......................................	$1
49.	Expenses & Refunds, grading farm products..................................	$36
50.	Environmental Improvement and Restoration..................................	$974
51.	Esther Cattell Schmitt Gift Fund.....................................................	*
52.	Exchange Stabilization Fund, Treasury............................................	$9,717
53.	Expenses, Presidio Trust................................................................	$125
54.	Farm Credit Insurance, Capital Corporation Investment Fund.........	$1,686
55.	Federal Aid to Wildlife Restoration, Fish & Wildlife Service.........	$495
56.	FHA - General and Special Risk Insurance, HUD.........................	$2
57.	FHA - Liquidating Account, HUD................................................	$21,249
58.	Federal Supplemental District of Columbia Pension Fund..............	$1,352
59.	Land Between the Lakes trust fund...............................................	$2
60.	Foreign Service Retirement and Disability Fund.............................	$11,734
61.	FSLIC Resolution Fund................................................................	$2,800
62.	General Post Fund, National Homes, Dept. of Vet. Affairs.............	$47
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...........	*
67.	Gifts & Donations, National Endowment of the Arts......................	*
68.	Guarantees of Mortgage Backed Securities Fund, HUD................	$6,958
69.	Harry S. Truman Memorial Scholarship Trust Fund.......................	$1,805
70.	Hazardous Substance Superfund...................................................	$3,234
71.	Host Nation Support, US Relocation Activities Account.................	$5
72.	Lincoln County Land Act...............................................................	*
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....................................................	$40
77.	John C. Stennis Center, Public Service Training & Development	$9
78.	Judicial Officers Retirement Fund...................................................	$168
79.	Judicial Survivors Annuities Fund...................................................	$404
80.	Kennedy Center Revenue Bond Sinking Fund................................	$6
81.	Leaking Underground Storage Tank Trust Fund.............................	$1,893
82.	Library of Congress Gift Fund........................................................	$9
83.	Library of Congress Trust Fund.....................................................	$37
84.	Morris K. Udahl Scholarship Trust Fund........................................	$17
85.	National Archives Trust Fund.........................................................	$12
86.	National Credit Union Share Insurance Fund..................................	$5,149
87.	National Gift Fund, National Archives & Records Admin...............	$8
88.	National Institutes of Health Conditional Gift Fund.........................	$9
89.	National Institutes of Health Unconditional Gift Fund.....................	$18
90.	National Security Education Trust Fund.........................................	$32
91.	National Service Life Insurance Fund, Veterans Affairs..................	$11,465
92.	National Service Trust, Corp. for National & Community Services	$229
93.	National Resource Damage Assessment & Restoration..................	$145
94.	National Waste Disposal Fund, Dept. of Energy.............................	$23,421
95.	Oil Spill Liability Trust Fund...........................................................	$1,003
96.	Oliver Wendell Holmes Devise Fund, Library of Congress.............	*
97.	Operating Fund, national Credit Union Administration....................	$30
98.	Operation & Maintenance, Indian Irrigation...................................	$28
99.	Overseas Private Investment Corp................................................	$3,464
100.	Panama Canal Commission Compensation Fund...........................	$77
101.	Panama Canal Commission Dissolution Fund.................................	$3
102.	Patients Benefit Fund, National Institute of Health..........................	*
103.	Payments to Copyright Owners, Library of Congress....................	$655
104.	Pension Benefit Guaranty Corporation..........................................	$12,834
105.	Postal Service Fund.....................................................................	$1,430
106.	Power Systems, Indian Irrigation Projects.....................................	$35
107.	Preservation, Birthplace of Abraham Lincoln..................................	*
108.	Prison Industires Fund, Dept. of Justice..........................................	$85
109.	Public Enterprise Revolving Fund, Treasury....................................	$158
110.	Public Health Service Conditional Gift Fund...................................	$3
111.	Public Health Service Unconditional Gift Fund...............................	*
112.	Relief & Rehabilitation, Longshoremens & Harbor Workers Comp	$63
113.	Relief & Rehabilitation, Workmens Comp. D.C. Dept. of Labor....	$6
114.	Marketing Services, Agricultural....................................................	$13
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.................................................	$91
118.	Saving Association Insurance Fund................................................	$11,153
119.	Science, Space & Technology Education, NASA..........................	$13
120.	Seized Currency, US Customs Service..........................................	$286
121.	Servicmens Group Life Insurance Fund..........................................	$6
122.	S.Dakota Terrestrial Wildlife Habitat Restoration...........................	$42
123.	Southern Nevada Public Land Management Act of 1998...............	$132
124.	Tax Court Judges Survivors Annuity Fund.....................................	$7
125.	Treasury Forfeiture Fund...............................................................	$132
126.	The Barry Goldwater Scholarship & Excellence in Education Fund	$63
127.	Unconditional Gift Fund, State Department.....................................	$88,638
128.	United States Enrichment Corporation Trust...................................	$1,259
129.	US Government Life insurance Fund, Veterans Affairs...................	$62
130.	US Naval Academy General Gift Fund...........................................	$7
131.	US Trustee System Fund, Justice...................................................	$185
132.	Uranium Enrichment & Decommissioning Fund, Dept. of Energy	$2,987
133.	Utah Reclamation Mitigation & Conservation Account, Interior......	$131
134.	Vaccine injury Compensation.........................................................	$1,758
135.	Veterans Special Life Insurance Fund.............................................	$1,807
136.	Veitnam Claims Fund.....................................................................	*
137.	Voluntary Separation Incentive Fund, Defense................................	$782
138.	War-Risk Insurance Revolving Fund, Maritime Admin..................	$31
139.	Perishable Agricultural Commodities Act.........................................	$12
140.	Russian Leadership Development trust fund.....................................	$12
141.	United States Information Agency trust fund.....................................	$1
142.	Veterans Reopened Insurance Fund.................................................	$475
143.	Black Lung Disability.......................................................................	*

	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 21.3 % OF THE NATIONAL DEBT

All of the 138 trust funds above hold nothing but special obligation nonmarketable (bogus) 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 remain in the General Fund until spent by Congress and the Administration, at which time bogus bonds are deposited in these black hole debit accounts. Each account is then awarded annual interest without any 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)

144.	Custodial Tribal Fund, Office of special trustee for Indians...............	$573
145.	Deposits, Outer Continental Shelf Lands Act, Minerals Mgmt, Bids	$25
146.	Escrow Account, National Labor Relations Board..........................	$27
147.	Federal Ship Financing Escrow Fund, Maritime Admin...................	$187
148.	Gifts, Central Intelligence Agency...................................................	*
149.	Kuukpik Alaska Escrow Fund.......................................................	$34
150.	Payments of Alleged Violators of Dept. of Energy Regulations.........	$278
151.	Seized Assets Fund, Justice............................................................	$530
152.	Smithsonian Endowment Fund........................................................	$1
153.	Special Investment Fund................................................................	$873
154.	Thrift Savings fund, Federal Retirement..........................................	$44,948
155.	Treasury Deposit Funds................................................................	$20
156.	Unearned Copyright Fees, Library of Congress.............................	$4
157.	Wage, Hour, and Public Contracts Restitution Fund, Labor...........	$2
	.
	Total............................................................................................	$47,605

* Less than one million

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