Help!
Why hasn't Harry Reid passed a budget in three years? ....no constraints on spending. And they have spent!
Now, we stand again on the edge and still the blame is placed on the fiscally conservative by the public because the media has told them so...
Contributed by Mike Walker, Col. USMC (retired)
Subject: U. S. Budget for Dummies
* U.S. Tax revenue: $ 2,170,000,000,000
* Fed 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
* Fed 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
Let’s now remove 8 zeros and pretend it’s a household budget:
* Annual family income: $ 21,700.00
* Money the family spent: $ 38,200.00
* New debt on the credit card: $ 16,500.00
* Outstanding balance on the credit card: $142,710.00
* Total budget cuts so far: $ 38.50
* Money the family spent: $ 38,200.00
* New debt on the credit card: $ 16,500.00
* Outstanding balance on the credit card: $142,710.00
* Total budget cuts so far: $ 38.50
P.S. This does NOT include the money owed to Social Security, Medicare and Medicaid.
