Perspective... Thanks Judi Cole!

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) – about 1% of the total budget







Let’s Put This In Perspective



It helps me to think about these numbers in terms that I can relate to. Let’s remove nine zeroes from those numbers and pretend this is a monthly household budget for the “Jones” family.





Amount of money the Jones family spent this month: $3,820



Total income for the Jones 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 (This represents our national debt) .





So last week , the Jones’ sat down at the kitchen table and agreed to cut $38 from their monthly budget. A historic amount!





I'm sure you're Impressed?