We unfortunately have too much of both - unfunded liabilities and unfunded mandates. We cannot possibly sustain the spending on civil pensions and medical benefits (which may actually be killing us more) that we have.

My brother, for example, retired from teaching at the age of 57. God willing, he will live for many decades. However, he receives 2/3 of his salary for the rest of his life, plus for the grand sum of $4500 a year he is able to purchase an excellent medical plan for him and his wife. Cops get the same thing, except they can retire after only 20 years on the job! How can any government possibly sustain that when people are living into their 90s?