Wrangler
Well-Known Member
- Feb 14, 2021
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Related article https://www.newsmax.com/newsfront/n...c-product-world-war-ii/2026/04/30/id/1254833/The debt has been my singular political issue since high school. No one from either party wants to look at this.
BTW, since high school, I learned there is an even biggest problem, which is called UNFUNDED LIABILITIES. It is the sum of all future spending not covered by expected future revenue. This number is about $127T, whereas the debt is "only" $39T. So, unfunded liabilities is about 3x bigger than the debt.
We could eliminate unfunded liabilities if we had the political will to do so, such as eliminate social security, medicare, pensions, and of course, dramatic reductions in military spending. Interest on the debt is now the 4th biggest line item in the budget and is expected to soon surpass military spending.


