Simple data on the U.S. budget/debt/deficit.

12/27/2012
12/27/2012 Jeff

Simple data on the U.S. budget/debt/deficit.

  • 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:

  • Annual family income: $21,700
  • 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: $38.50

Jeff

Sailor, skier, pilot, beer enthusiast, EDM aficionado, recovering politician, entrepreneur, and dad.

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