See Unfunded Liabilities Monster @ 8min-11min
“The only thing that’s more severe than this would be the idea that an Islamic Fundamentalist would get his hands on or her hands on a nuclear weapon and use it against us.
Beyond that there’s nothing that’s more severe than this.
This, this – issue – represents the potential fiscal meltdown of this nation and it absolutely guarantees, if it’s not addressed that our children will have less of a quality of life that we’ve had.
That they, that they will have a government that they can’t afford and we will be demanding so much of them in the area of taxes that they will not have the money to send their kids to college, or buy that home…”
Senator Judd Gregg, Ranking Member of the Senate Budget Committee”