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Come on SteveD, let's be a little real here. The point is NOT that the city has to come up with $800 million tomorrow, the point is that the debt is there and that actuarial studies have shown that the city will be required to pay increasing amounts each year to pay this unfunded liability. This story is silent on this very important issue. The $160 million of debt mentioned in the story is a drop in the bucket compared to what the actual liabilities of this city are.