{
  "status": "Illustrative accounting identities; not a scored platform or forecast",
  "units": "nominal US dollars; rates as decimal fractions",
  "grant_examples": [
    {
      "illustrative_participants": 1000000,
      "one_time_cost": 5000000000
    },
    {
      "illustrative_participants": 10000000,
      "one_time_cost": 50000000000
    },
    {
      "illustrative_participants": 100000000,
      "one_time_cost": 500000000000
    }
  ],
  "ten_percent_tax_example": {
    "illustrative_tax_exclusive_base": 20000000000000,
    "gross_static_revenue": 2000000000000.0,
    "net_revenue": null,
    "reason": "Base, exclusions, rebates, behavioral effects and income-tax offsets are not specified."
  },
  "one_trillion_bond_at_ten_percent": {
    "annual_coupon": 100000000000.0,
    "total_coupons": 1000000000000.0,
    "principal_due_at_maturity": 1000000000000,
    "total_contractual_cash_payments": 2000000000000.0,
    "assumption": "Issued at par; fixed coupon; no reinvestment or refinancing costs."
  },
  "five_thousand_at_ten_percent": {
    "five_year_compounded_value": 8052.550000000003,
    "five_year_value_if_ten_percent_total": 5500,
    "note": "Compounding assumes reinvestment at the same rate; a coupon bond need not compound."
  },
  "health_incentive_example": {
    "savings_share_payment": 10000000.0,
    "net_savings_after_bonus_before_other_costs": 90000000.0,
    "cost_reimbursement_subsidy": 100000000.0,
    "interpretation": "These are alternative incentive designs, not additive savings."
  },
  "debt_basis": {
    "amount": 32533474452928.98,
    "date": "2026-10-19",
    "label": "Treasury debt held by the public; distinct from gross debt",
    "gross_debt_for_reference_only": 40396401120485.05,
    "source": "https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/"
  },
  "retire_by_2040_stress_tests": [
    {
      "hypothetical_constant_average_cost": 0,
      "years": 14,
      "annual_primary_surplus_required": 2323819603780.6416
    },
    {
      "hypothetical_constant_average_cost": 0.04,
      "years": 14,
      "annual_primary_surplus_required": 3079910616415.4033
    },
    {
      "hypothetical_constant_average_cost": 0.1,
      "years": 14,
      "annual_primary_surplus_required": 4416296285555.513
    }
  ],
  "combined_platform_balance": null,
  "debt_free_2040_demonstrated": false,
  "uncosted_items": [
    "universal coverage and coverage expansion",
    "new insurer incentives",
    "hospital enforcement and appeals",
    "lower-earner tax exemption and threshold",
    "ownership grant eligible population, uptake and service costs",
    "Roth conversion changes",
    "housing acquisitions, subsidies and guarantees",
    "tax sunset after ten years",
    "current-law baseline deficits and cuts",
    "debt maturity structure and market interest costs"
  ],
  "limitations": [
    "Average-cost stress tests do not immediately reprice real outstanding debt.",
    "A coupon promised to investors is a federal liability, not federal revenue.",
    "National health expenditures are not a federal appropriation.",
    "No macroeconomic, actuarial, behavioral, distributional or credit-risk model is included."
  ]
}