A Few Budget Facts
The entire net worth of every billionaire on earth could only pay off 25% of the US federal debt.
You could run the government for 11 months on it. The deficit alone would eat it in under 26 months.
2011’s budget is 23% higher than 2009 & 7½% higher than 2010. 2012’s budget comes down just 0.024%.
If you cut the budget today by 35% and froze it, it would take 10 years to get our red ink back to 2008 levels.
Here are the severe cuts in Paul Ryan’s budget. This is the budget you’re hearing about on the news, the one that hurts the Americans least able to afford it and leaves old people out in the cold:
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