Conservatives Of The Upstate meets the 2nd Thursday of each month @ 6:30PM.

Blue Ridge Bible Church
769 Belle Shoals Rd
Pickens SC 29671



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Saturday, September 24, 2011

Perspective ...


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Federal Budget Deal (in perspective)

2011 Federal Budget Deal

Federal Budget: $3,820,000,000,000 ($3.82 Trillion)

Income: $2,170,000,000,000 ($2.17 Trillion)

New Debt: $1,650,000,000,000 ($1.65 Trillion)

Amount Cut: $38,500,000,000 ($38.5 Billion) –


The above cut is about 1% of the total budget.

Harry Reid is calling this a "historic amount".

The President said it is a "historic deal".

John Boehner simply said, "We've come to an agreement".

Let's put this into perspective.

Remove nine zeroes from each of those numbers and pretend this is a monthly household budget for the Smith family.

Amount of money the "Smith's" family spent this month: $3,820

Total income for the "Smith's" family this month: $2,170

Amount of new debt added to the credit card this month: $1,650

Outstanding balance on the credit card: $14,271


So last week, the "Smith's" sat down at the kitchen table and agreed to cut $38 from their monthly budget.

A historic amount!

Most families could do this easily by having a sandwich at home instead of a meal out.

1 comment:

  1. Great perspective...I posted on facebook. Government just doesn't get it...the reason?
    Cause they don't want to cut spending...they are addicts wanting their next fix.
    Johnnelle Raines

    ReplyDelete

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