If Congress Cut Spending Why Are Unfunded Liabilities Climbing

Discussion in 'Economy' started by KissMy, Aug 5, 2011.

  1. KissMy
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    KissMy Free Breast Exam

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    If Congress Just Cut Future Spending In The Debt Limit Bill, Then Why Are The Unfunded Liabilities Climbing?

    See: US Debt Clock

    Social Security, Prescription Drug, Medicare & Total US Unfunded Liabilities are all still climbing rapidly. They are currently around $115 Trillion.
     
  2. expat_panama
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    expat_panama Gold Member

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    Seriously, everyone has to know by now that the latest budget is includes massive increases in taxes and spending.
     

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