I agree. There are no known Federal programs that are not in debt.
There are no known Federal Trust Funds that are not in debt.
Regulation has replaced laws, Congress and the courts.
If we have an incompetent President such as Obama, then it will be a straight line rule of terror from the Executive to the Regulator in the field.
Debt will be equalized at the point of a regulator’s gun.
And it’s all going to sink to sink to what they are all worth.