Thursday, September 23, 2010

Does anyone know what the US owes?

Does anyone know what the US owes? - NYPOST.com
"How bad is the nation's debt problem?
While the official number -- $13.4 trillion, according to the Congressional Budget Office -- is frightening enough, some analysts say the actual figure is much, much higher.
Like a shopaholic who hides their credit card bills, the government pretends certain obligations and expenditures don't exist.

Uncle Sam really owes closer to $60 trillion, or more, and the country is close to bankrupcy."

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