How to understand the Federal Budget

Most people have little understanding of what kind of economic situation the United States is in.  Over the weekend, I found an interesting chart that simplifies the budget by removing the zeros, and comparing them to a household budget.  Take a few minutes and get a glimpse of the economic tsunami that is coming!

• 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 cut: $ 38,500,000,000

Now let’s 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: $385

Are you trusting that God is your true provider?  We're getting ready to go down a slippery slope!

1 thought on “How to understand the Federal Budget”

  1. lol
    Thank You Dear Brother
    Poor Me (Not), I Have No Hope But The LORD Jesus

    "The LORD is my strength and my shield; my heart trusted in him, and I am helped: therefore my heart greatly rejoiceth; and with my song will I praise him." Psalms 28:7

    And In Him Will I Trust…..

    For thou art my hope, O Lord GOD: thou art my trust from my youth. Psalms 71:5

    See You Soon Beloved

    Pray for the peace of Jerusalem: they shall prosper that love thee. Psalms 122:6

    Maranatha~!

    Reply

Leave a Comment