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**Hrennilasi** · 07-26-2011, 06:26 AM

Unfunded liabilities are liabilities not supported by government issuance of debt. For example, projected deficits from medicare and social security.

Idiotic answer. Debt is a liability. You are therefore saying an unfunded liability is a liability not supported by another liability. You need an asset to support a liability. Fvckwit.

07-26-2011, 06:26 AM	#7
Hrennilasi Join Date Oct 2005 Posts 426 Senior Member	Unfunded liabilities are liabilities not supported by government issuance of debt. For example, projected deficits from medicare and social security. Idiotic answer. Debt is a liability. You are therefore saying an unfunded liability is a liability not supported by another liability. You need an asset to support a liability. Fvckwit.
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