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Can Our Union be Saved?

Written By: Walter Williams  |  Posted: Tuesday, February 22nd, 2011

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National debt is over $14 trillion, the federal budget deficit is $1.4 trillion and, depending on whose estimates are used, the unfunded liability or indebtedness of the federal government (mostly in the form of obligations for Social Security, Medicare, Medicaid and prescription drugs) is estimated to be between $60 and $100 trillion.

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