10 Sobering Facts About the National Debt

From Bankable Insight 

1. Unfunded Liabilities

The national debt is at an all-time high of around $16 trillion. That’s scary enough. But it turns out that number is just piercing the surface. If you include all the unfunded federal obligations to Social Security and Medicare it would add up to near $116 trillion! Remember that when politicians promise new spending without cuts.