April 8, 2011

You Call This Global Leadership?

Suddent Debt:

The US government is about to be shut down in the next 24 hours over the federal budget impasse. Here are the only numbers you need:

Federal spending is approx. $3.7 trillion, the deficit this year alone is projected at $1.4 trillion - and the politicians are squabbling over spending cuts amounting to $33-40 billion; that's 1% of spending and 2.9% of the deficit. You gotta be joking, right?


Posted by jez at April 8, 2011 9:29 AM | Subscribe to this site via RSS:
Posted to History | Investing | Politics | Taxes