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Message: Brilliantly explained....budget debts/ceilings

Someone asked....

US budget debts/ceilings (The most recent figures show the national debt at more like 16 trillion $.)

This puts things into a much better perspective.

Lesson # 1:

* 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:

* 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 so far: $ 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 remove the shi@?

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