Examples Along the Spectrum of Fiscal Exposures				
Note: We note that the spectrum of fiscal exposures varies widely. 				
Explicit Liabilities	Contingencies	Implicit Exposures		
Debt held by the Public	Federal insurance programs	Future Social Security and Medicare benefits		
Military and civilian pension and post-retirement health benefits		Federal disaster relief		
Environmental and disposal liabilities				
Source: GAO				
"Note: Some exposures can fall at multiple parts of the spectrum. For example, an explicit liability is also recorded for insurance programs for events that have already occurred. "