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Social Security is cash flow-positive if you count interest on the bonds.
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The total amount Mr. Tollman owes the federal government, not counting interest, is $105,093,638.
However, the foundation has no objection to counting interest that isn't there.
Including provinces and municipalities, the public sector is in deficit even before counting interest payments.
Verizon estimates its refund at about $40 million, not counting interest, and the water utilities estimate theirs at $8 million, plus interest.
Close to half of the overall cuts, not counting interest savings, will come from defense and related areas.
Mr. Obama's order directs the commission to recommend how to balance the budget by the 2015 fiscal year, not counting interest on the national debt.
By 2035, the deficit (even without counting interest payments on the federal debt) is on course to reach $1.9 trillion, according to the Congressional Budget Office.
The president will ask the commission to recommend by December a plan to balance the budget by the 2015 fiscal year, not counting interest payments on the national debt.
Alan Krueger, a Princeton University economist writing in the New York Times, has likened this to counting interest payments on a home mortgage as part of the purchase price.
If the Andersen settlement is paid, raising the investors' total to $194 million, that would cover more than half the estimated $350 million lost by investors, not counting interest since the foundation collapsed in 1999.
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