Unfunded obligations amount to $534K per household

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Did you catch the front page headline in USA Today on June 7?

US owes $62 trillion


I can't get to the actual paper without a subscription.  But if you can get to the paper - and can read the last paragraph...

The government has promised pension and health benefits worth more than $700,000 per retired civil servant.  The pension fund's key asset: federal IOU's.   


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