www.CUSDI.org

Our Founders' Warning: “Every government degenerates when trusted to the rulers of the people alone. The people themselves are its only safe depositories.” (Thomas Jefferson)

Does Congress Hide Unfunded State and Inter-generational Debts?

Unfunded State and Inter-generational Debts

Congress hides huge unfunded government overspending in financial obligations unilaterally imposed on the States, Cities and in Inter-generational debts upon our children. For example:

  • The NCSL (National Conference of State Legislatures) identified that “Congress shifted at least $131 billion in costs to states over the five year period of 2004 to 2008, according to NCSL’s Mandate Monitor.”
  • In 2015, a typical family of four owes (as Inter-generational debts) national debt of $225,000 that the government has borrowed in their names.