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Susiepolls2008
Guest
...since he FAILS @ BUDGETING? Assume for a minute that you earn $22,000 this year and spend $40,000. Next year, you earn $23,000 and spend $37,000. You'd be on the fast track to bankruptcy.
Now add eight more zeros to those numbers, and you get a sense for the federal government's dire financial situation. This year, Washington is on track to spend nearly two dollars for every dollar it takes in. Under President Obama's budget for 2010, the government would spend about three dollars for every two coming in.
Now add eight more zeros to those numbers, and you get a sense for the federal government's dire financial situation. This year, Washington is on track to spend nearly two dollars for every dollar it takes in. Under President Obama's budget for 2010, the government would spend about three dollars for every two coming in.