Veronique de Rugy on America's Crushing Fiscal Gap
(cc)
The U.S. government has racked up $12 trillion in public debt, a figure equivalent to nearly three-quarters of gross domestic product. Yet that massive sum pales in comparison to the costs of the federal government's unpaid promises, mostly in the form of health care and retirement benefits for seniors. Veronique de Rugy says it's time to account for future government obligations.