U.S. Tax Revenue $2,170,000,000,000 Federal Budget $3,820,000,000,000 New Debt $1,650,000,000,000 National Debt $14,271,000,000,000 Recent Budget Cuts $38,500,000,000 Now lets remove 8 zeros and pretend its a household budget: Annual Family income $21,700 Money the family spent $38,200 New debt on credit card $16,500 Outstanding balance on credit card $142,700 Total Budget Cuts so far $38.50 Now lets look at the budget in another way: You come home from work and there has been a sewer backup in your neighborhood and your home has sewage all the way up to the ceilings . . . What should you do? Raise the ceilings or get rid of the crap?
Posted on: Sat, 19 Oct 2013 07:44:09 +0000
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