It’s difficult to explain to most people how much of a mess our nation’s finances are. That’s understandable, when you consider that there are twelve zeros in one trillion. It’s far more money than any person can comprehend having in their bank account. These figures are brought to you by the White House Office of Management and Budget.
Tax Revenue
$2,627,400,000,000
Federal Budget
$3,728,600,000,000
Budget Deficit
$1,101,200,000,000
National Debt
$15,250,000,000,000
However, if you delete eight zeros from these figures and consider them as a household budget, it is impossible to ignore the fiscal state of emergency.
An easy way to understand Washington’s fiscal state of emergency.
Posted by Mike Assad
It’s difficult to explain to most people how much of a mess our nation’s finances are. That’s understandable, when you consider that there are twelve zeros in one trillion. It’s far more money than any person can comprehend having in their bank account. These figures are brought to you by the White House Office of Management and Budget.
However, if you delete eight zeros from these figures and consider them as a household budget, it is impossible to ignore the fiscal state of emergency.