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Reply #9: Shouldn't be too hard to figure out [View All]

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many a good man Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-30-03 12:03 PM
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9. Shouldn't be too hard to figure out
To keep it simple we just need the following figures:

1) total government revenue in one year
- this will be equivalent to a family's annual income

2) total federal spending for one year
- one family's annual spending

3) total federal debt
- family's long term debt (like mortgage, credit cards, car loans, etc)

For a $50000 income family we can divide #1 by some number to get 50000. Then we can divide the other two by the same number.

Some DUers have cited a few web sites with reliable government budget figures; let's look these up and post them here. Note: this has probably already been done by some conservative deficit hawks...

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