On the recordJune 10, 2013
Just as a little aside, the Federal Government's balance sheet has $86 trillion worth of liabilities, and all the assets in the United States of America are under $80 trillion.
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congress.govJust as a little aside, the Federal Government's balance sheet has $86 trillion worth of liabilities, and all the assets in the United States of America are under $80 trillion.
Coburn highlights the imbalance in the federal government's financial situation.
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The important thing is to restore the confidence in the country, in terms of what you are doing, why you are doing it, and how you are doing it.
Right now, the unfunded liabilities of this country, with its debt, are $142 trillion.