Zeroing in on the problem

May 26, 2012 by

Taxes, federal debt, & budget cuts put in a way we can all understand. World Magazine article by Warren Cole Smith


Or if you prefer to cut to the chase:

If you removed 8 zeros from the Federal Budget numbers and pretended it’s a household budget:

Annual family income: $23,400

Money the family spends annually: $35,900

New debt added to credit cards: $12,500

Outstanding balance on credit cards: $154,000

Total cuts to the family budget: $385

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