Total US Tax Revenues: $2,170,000,000,000
Federal Budget Expenditures: $3,820,000,000,000
New Debt to fund deficit: $1,630,000,000,000
Present National Debt: $15,000,000,000,000
Current Budget "cut": $38,500,000,000
If we look at these numbers based on a fairly typical American family, we get some perspective.
Annual Family Income: $43,400
Money the family spent: $76,400
New debt on the credit card: $33,000
Outstanding credit card debt: $300,000
Total budget current "cuts": $770
Think there is any chane that this family can repay $300,000 in credit card debt even a low interest rates?
Me neither.
Wake up America, we need to stop this massive spending machine and the congressmen that support it!
Federal Budget Expenditures: $3,820,000,000,000
New Debt to fund deficit: $1,630,000,000,000
Present National Debt: $15,000,000,000,000
Current Budget "cut": $38,500,000,000
If we look at these numbers based on a fairly typical American family, we get some perspective.
Annual Family Income: $43,400
Money the family spent: $76,400
New debt on the credit card: $33,000
Outstanding credit card debt: $300,000
Total budget current "cuts": $770
Think there is any chane that this family can repay $300,000 in credit card debt even a low interest rates?
Me neither.
Wake up America, we need to stop this massive spending machine and the congressmen that support it!
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