"Get all the fools on your side and you can be elected to anything." ~ Frank Dane

# Understanding Congress' Solution to the Federal Deficit Problem

Submitted by Jad Davis on Mon, 2011-04-18 03:00

"Let’s start with federal spending. The FY 2011 federal budget is approximately $3.82 trillion (3.82×10^12). Of that, approximately $2.17 trillion will be paid for by taxes collected and the remaining $1.65 trillion will be borrowed from our grandchildren. If we divide everything by 100 million, the numbers begin to make more sense."

0

Your rating: None

- Login to post comments

3 hours 34 minago3 hours 41 minago23 hours 56 minago1 day 1 hourago1 day 15 hoursago1 day 20 hoursago1 day 22 hoursago2 days 1 hourago2 days 2 hoursago2 days 2 hoursago