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Les Cargill[_3_] Les Cargill[_3_] is offline
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Default US Budget for Dummies....

Jim Thompson wrote:
US Budget for Dummies.... (from http://tinyurl.com/cv3wlwx )

* 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

Let’s now remove 8 zeros and pretend it’s 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 so far: $38.50


...Jim Thompson



It's not a household budget.

Now what?

--
Les Cargill