Page 3 - 178 Billion News Today

-- bomb. then you have the state and local government budget bombs. this one i love! deficit of $110 billion in 2010. $178 billion in 2011. on top of the more than $450 billion in underfunded state and municipal employee pension funds. gee, firefighters. who is going to pay for this? who is going to pay for it? the underfunded corporate pension bonds. $405 billion deficit in underfunded pension. consumer debt bond. our tvs. americans are still living beyond their means, even with a downturn. wer...

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