U.S. funding for future promises lags by trillions

The numbers are even worse than this already bad number.  Over the counter derivatives, if marked to market, would increase the nation's liability by trillions, due to a depression in real estate prices.  But hey, who's counting?  Thanks to Kitty for finding this article.

http://www.usatoday.com/news/washington/2011-06-06-us-owes-62-trillion-in-debt_n.htm?loc=interstitialskip

The federal government's financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit, a USA TODAY analysis shows.

The government added $5.3 trillion in new financial obligations in 2010, largely for retirement programs such as Medicare and Social Security. That brings to a record $61.6 trillion the total of financial promises not paid for.