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Total U.S. debt and liabilities now $129 trillion, Russ Greene notes

Total U.S. debt and liabilities now $129 trillion, Russ Greene notes
U.S. debt and liabilities total $129 trillion

Russ Greene questions why individuals should bear responsibility for $40 trillion in U.S. debt and $89 trillion in unfunded liabilities related to Social Security and Medicare.

He points to the combined financial obligations as a significant fiscal concern.

Greene previously attributed the potential bankruptcy of Social Security in 2032 to what he called a lack of action by seniors, citing missed opportunities since the 1990s in a recent analysis. He has also drawn attention to public pension costs, highlighting the L.A. pension system's monthly payouts exceeding $100 million, with some retirees receiving over $1 million, according to prior reporting.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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