Friday, October 21, 2011

What if Uncle Sam was in charge of my budget?

This is from an email I got this week. Frankly, it's very non-political as in I don't think it matters if you're a Republican or Democrat... but it's pretty darned scary!

Okay... here's the numbers:
U.S. Tax Revenue $2,170,000,000,000
The Federal 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, let's remove eight zeros and pretend the same numbers are 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

So now we're all good and scared, just in time for Halloween!