US Budget Illustration

Written by Visual Thinker. Posted in Life, Main Street Polity

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hometheater

Published on September 13, 2014 with No Comments

There can be a debate about whether we have a revenue problem or a spending problem but, this is the reality in which we are now facing.

  • 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 cut: $38,500,000,000

………………………………………………………………………………

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 credit card: $142,710
  • Total budget cuts: $385

 

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