Tuesday, April 6th, 2010
The National Debt - A party foul of epic proportions
Our national debt scares me. It’s currently at $12.7 trillion. We also have a $1.4 trillion dollar budget deficit so that’s how much it’s growing by each year….plus interest. We only collect $2.2 trillion in tax revenues each year, which means that we’re about 6 years worth of income in debt.
Think about how much you [...]