US tax revenue: $2,170,000,000,000
Federal 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 eight zeros and pretend it is a household budget:
Annual family income: $21,700
Money the family spent: $38,200
New debt on the credit card: $16,500
Outstanding credit card balance: $142,710
Total household budget cuts so far: $385
Got it?
Readers who would like this in graphic format, to share with friends, can click here. The picture contains another very funny explanation which I am not allowed to publish here due to one little word.
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