This came across my desk today. It was so clear and concise, I thought it was worth posting.
U.S. Tax Revenue Understood
U.S. Tax Revenue: $2,170,000,000,000 (trillion)
Federal Budget: $3,820,000,000,000 (trillion)
New Debt: $1,650,000,000,000 (trillion)
National Debt: $14,271,000,000,000 (trillion)
Recent budget cut: $38,500,000,000 (billion)
Now let's remove eight 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
NOW does it make sense?