David Walker's number is $65 trillion. Also wrong, but at least
the math is understandable
Walker told host John Catsimatidis of AM-970 in New York, as related by The Hill:
"If you end up adding to that $18.5 trillion the unfunded civilian and military pensions and retiree healthcare, the additional underfunding for Social Security, the additional underfunding for Medicare, various commitments and contingencies that the federal government has, the real number is about $65 trillion rather than $18 trillion, and it’s growing automatically absent reforms."
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In response to this post by WaxHoo)
Link: http://www.breitbart.com/big-government/2015/11/07/former-gao-chief-true-national-debt-65t-govt-spending-lost-touch-reality/
Posted: 04/25/2016 at 7:26PM