"The possession of unlimited power will make a despot of almost any man. There is a possible Nero in the gentlest human creature that walks." ~ Thomas Bailey Aldrich

# 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."

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