Yes, of course it backs out to taxpayer money - and likely money from taxpayers who haven't even been born yet, to the extent that the Federal Government runs a deficit exceeding inflation.

If you look at the Federal budget it's clear that the Federal Government, beyond national defense, is simply becoming a giant healthcare and pension fund administrator, re-distributing wealth via social security, medicaid, and medicare. All other expenses are dwarfed by these. I'd expect this trend to continue until the singularity occurs and we enter our long-awaited post-capitalist utopia.