The Free Enterprise Nation - hidden cost of government
"the actual unfunded liability for these public sector pension plans would be $3.5 trillion if more realistic and conservative interest rate assumptions were utilized.
Attempts by others to determine the true federal debt (including unfunded obligations) result in the determination that if one federal “balance sheet” were utilized, the total federal debt would exceed $107 trillion, not the $12.3 trillion currently stated as “debt”.
The result is that the total federal and non-federal debt (if unfunded liabilities are included) is an estimated $112+ trillion, or SEVEN TIMES higher than the total $15 trillion currently disclosed to taxpayers.!!"
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