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The U.S. budget explained in simple english
This is a reprint from something I saw last night.
The Budget explained in simple English.
I love it when complex things are simplified so that we can all understand.
US 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 cut : $38,500,000,000
Now remove 8 zeroes and pretend it is a household budget:
Annual family income : $ 21,700
Money the family spent : $ 38,200
New Debt on the credit card : $ 16,500
Outstanding balance on the credit card : $142,710
Total budget cuts which some politicians are proud about : $ 385
Stop the insanity now. Vote them all out and demand a balanced budget.
My grand children should not have to pay the debt the nation accrued during my lifetime.
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