If it seems like your future financial obligations are quickly adding up, don't get discouraged.
President Clinton argues that it should be used to pay off present and future obligations.
The rules are supposed to make sure that companies set aside enough money each year to pay their future obligations.
Financial officers did a double take in the mid-80's when they began to project their future medical obligations.
Low interest rates mean that the value of future obligations look very large in today's dollars.
Even if the lock box works, the money in the trust fund is but a small down payment on future obligations.
Just a year ago, those future obligations were $3 trillion less.
We will also tackle the issue of our future obligations.
In pension accounting, the lower the interest rate, the greater the future obligations.
Which brings us to Medicare, by far the largest of our future obligations.