One of the scariest things you’ll ever see.
We would simply overstate your net income by 384%! Not surprisingly, the White House and Congress speak of the yearly deficit in amounts of 1.3 trillion. However, if we use the same accounting rules that your business and my business are required to follow, the numbers change to roughly 5 trillion. Most financial…congress, deficit, usatoday, whitehouse
Putting things into perspective by removing 8 zeros It’s amazing what simple math can show: An analysis of the numbers below reveals why the average household budget is far better managed than the budget in Washington! -Why S&P downgraded the US credit rating • U.S. Tax revenue: $2,170,000,000,000 • Fed budget: $3,820,000,000,000 •…budget, deficit