The US federal government’s unfunded liabilities are more than $1.1 million per taxpayer!!

How can this be true? What happens when the house of cards finally falls? The article is 16 declared GOP candidates. Zero meaningful solutions to America’s $18 trillion debt. The fact is there are no solutions to this:

America’s cumulative borrowing is rapidly approaching $20 trillion, while the federal government’s unfunded liabilities (future expenditures minus future tax revenue) now exceed a whopping $127 trillion — better than $1.1 million per taxpayer.

Picked up at Instanpundit where Glenn Reynolds writes, “No one in the political class — and this very much includes those bylined operatives in the press — wants to shut down the gravy train, regardless of consequences.” I just reckon they must think that if it hasn’t burned the house down yet, maybe it won’t or at least not in the next four years.

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