Tagged with 'us entitlement program'

An Unfunded Future: US Federal Government Liabilities

A liability is a debt or obligation one party owes to other(s) at some future date in time.

Commonly settled by a payment or performance of a service. An Unfunded Liability describes any liability that does not have savings set aside for it.

The US government has over $200 trillion USD of them estimated at net present values currently.

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