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The federal debt is $20 trillion? Try $100 trillion by: johnny kampis

11/30/2019

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As the national debt grows toward $20 trillion, a financial watchdog says $100 trillion is a more realistic number when factoring in unfunded obligations.

The U.S. Treasury’s “Debt to the Penny” website listed the outstanding debt as $19,846,045,559,411.81 on Monday morning and prognosticators are predicting when the amount will hit $20 trillion. Even Truth in Accounting (TIA), the Chicago-based organization that pushes governments to release accurate, easy-to-understand financial reports, has a small betting pool on which day the magical number will be hit.
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Auditor: Pittsburgh’s pension funds are nearing state of distress By: Johnny Kampis

11/30/2019

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​​Although Pittsburgh paid more into its pension plans than was required over the past two years, the funds set up to pay employees’ retirement benefits are still struggling to be financially solvent.
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  • Home
  • News
    • Education
    • Energy and Environment
    • First Amendment
    • Healthcare
    • Technology
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  • Authors
    • Michael Bielawski
    • Steve Wilson
    • Ashe Schow
    • James Wigderson
    • M.D Kittle
    • Emma Lamberton
    • Johnny Kampis
    • Christian Britschgi