Medicare

&

Social Security

Future

Taxes Raised Benefits Cut Money Printed

The federal debt is $20 trillion? Try $100 trillion

“The federal government doesn’t include those unfunded liabilities on its balance sheet,” said Bill Bergman, director of research for TIA. 

TIA estimates the federal government owes about $31.4 trillion in unfunded Social Security promises and $44.7 trillion in unfunded Medicare promises. It only owes $7.2 trillion in promised pension and other retiree benefits, a common stumbling block among many state and local budgets.

 DYI