How Will the National Debt Crisis Affect Your State Pension Fund?

Do you think that you or your spouse's state pension fund for retirement will be affected by the national debt crisis? The United States Office of Management and Budget is forecasting fiscal year 2012 to have a gross national debt of 16.2 trillion dollars. Similarly striking statistics reveal that our nation's state pension funds owe workers up to 3 trillion dollars. Many states will not be able to pay its government workers their earned retirement pensions and the Federal Government is not in any position to assist these states with their obligations.

mortgage calculator with taxes bad credit loans mortgage rates today