Joshua de Quilettes

U.S. Budget

* 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: $385

Got it?

OK now Lesson # 2:

Here’s another way to look at the Debt Ceiling:

Let’s say, You come home from work and find there has been a sewer
backup in your neighborhood….
and your home has sewage all the way up to your ceilings.

What do you think you should do?
*Raise the Ceilings, or
*Pump out the sewage

Your Choice is coming November 2012