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dkf

(37,305 posts)
8. David Walker just showed the numbers...our promised obligations are $70 Trillion.
Mon Sep 10, 2012, 06:41 AM
Sep 2012

Even more shocking, total federal liabilities and unfunded promises now exceed $70 trillion, up from $20.4 trillion at the end of fiscal 2000. This represents an almost $50 trillion increase in just 12 years, and this amount is growing by about $10 million a minute! We also face a fiscal cliff at the end of this year.
Level with voters
The numbers are huge and unsustainable. As a result, the Comeback America Initiative (CAI) is partnering with a range of other organizations and individuals on a nationwide fiscal responsibility bus tour.
The purpose is to engage voters on these critical issues by stating the facts, explaining the stakes, outlining the tough choices we face, and discussing a range of non-partisan fiscal reforms that should be able to gain bipartisan support. All in the name of keeping America great and the American dream alive for our children, grandchildren and future generations of Americans.

http://www.usatoday.com/news/opinion/forum/story/2012-08-22/perot-deficit-budget-economy/57217860/1

If you think that will work out...I wouldn't count on it.

It bothers me that the American people have no clue how much we have over promised.

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