When you add other liabilities and unfunded social insurance obligations, the total federal financial sinkhole is over $125 trillion and growing faster than the economy.
In an excerpt from a speech delivered this past April, America’s Comptroller General discusses the need to transform the federal bureaucracy so it better meets the demands of 21st century life.
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To Keep America Great, We Must Reduce Our National Debt
When you add other liabilities and unfunded social insurance obligations, the total federal financial sinkhole is over $125 trillion and growing faster than the economy.