Retiring GOP Senator on Prospect of Financial Meltdown: 'I Think We Are on the Edge of It Right Now' | CNSnews.com: "(CNSNews.com) - Retiring Sen. George Voinovich (R.-Ohio) told CNSNews.com in a videotaped interview on Monday that he believes America is teetering on the edge of a financial meltdown and that policymakers in Washington must immediately work on policies to avert it.
Pointing out that the Peter G. Peterson Foundation has estimated that the U.S. government faces $61.9 trillion in unfunded liabilities (in the form of promised entitlement benefits not covered by anticipated tax revenues), CNSNews.com asked Voinovich: “How long do you think the United States has before there is a financial meltdown?”"
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