The US federal gov isn't the only one that's made big financial promises it can't keep. If you are thinking about where to put down roots plan accordingly:

"Across all 50 states, there was a collective $6.96 trillion in liabilities for public pensions that were unfunded, meaning the cost disbursed in pensions was higher than the amount collected, averaging almost $21,000 in unfunded liabilities per person, according to ALEC’s Unaccountable and Unaffordable report. California, Hawaii, Illinois and Alaska all exceeded $35,000 in liabilities per capita, while Tennessee and Indiana were the only states below $10,000 per capita."