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Posted by waynev

Of concern to everyone, the partisan posturing over the U.S.  debt ceiling is increasingly threatening confidence in sovereign debt and global markets.  However, the number that is not being discussed is the U.S. government’s estimated $61 trillion in unfunded liabilities for future benefits, per the calculations of USA Today.  To put it in perspective, this is more than 4 times greater than the national debt of $14 trillion. 

http://www.usatoday.com/news/washington/2011-06-06-us-owes-62-trillion-in-debt_n.htm