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$100 trillion! Wow, what a big number!

But completely meaningless unless you give a timeframe for the future liabilities. How long do you expect the United States to last for? Twenty years? 100 years? 1,000 years?



An unfunded liability is money you've promised to pay and don't have, I.E. debt.

http://online.wsj.com/article/SB1000142412788732335320457812...




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