Article Image
News Link • Government Debt & Financing

Kotlikoff on Unfunded Federal Liabilities, 2013: $205 Trillion

•, By Gary North
 There is no question that the following policy is bipartisan. Democrats and Republicans in Congress are completely agreed that the following information should not get out to the American people, namely, that the present value of the United States government’s off-budget liabilities is over $200 trillion.
The man who has followed this for the longest time is Prof. Lawrence Kotlikoff of Boston University. He has created a great deal of embarrassment for the government by his relentless pursuit of the statistical implications of the statistics released by the Congressional Budget Office.

The Congressional Budget Office has a way to avoid this, namely, to cease publishing the statistics that Kotlikoff has used to expose the real condition of the United States government.

Kotlikoff referred to this suppression of information in an article that appeared in Forbes.

Join us on our Social Networks:


Share this page with your friends on your favorite social network: