Courtesy of Cathy Craddock 
“Fiscal Cliff” put in a much more understandable perspective:
*U.S. Tax Revenue: $2,170,000,000,000
*Federal Budget: $3,820,000,000,000
*New Debt $1,650,000,000,000
*National Debt: $14,271,000,000,000
*Recent Budget Cuts: $38,500,000,000
These numbers are much too big to comprehend. Remove 8 zeros from each and pretend it is your 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 So Far: $38.50
Raising the debt ceiling really helps the situation, doesn’t it?!
Fiscal Cliff Made Understandable
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