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The Anatomy Of America's Finances In 10 Charts

Elena HolodnySep 24, 2014, 22:26 IST

"Thanks to the cost of two wars (Afghanistan and Iraq), and the tab associated with one of the largest financial crises in U.S. history, juxtaposed against soaring entitlement programs, the financial health of Uncle Sam is rather murky and somewhat confusing," US Trust's Joseph Quinlin writes.

Quinlin and his team just released a report titled "The Financial Anatomy of the United States in 10 Exhibits" addressing the positives and negatives of the US financial anatomy.

On the positive side, the deficit has been shinking.

On the negative side, mandatory spending on Medicaid and Medicare are on an unsustainable explosive path.

And that's just skimming the surface.