Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Normal
So, revenues will go from way below average, to slightly above. Let's hope that is accurate, and that the Congress can be made to quit increasing spending to keep pace. Since the GDP of the US is in the neighborhood of 1.4 x 10 ^ 13 , 14.4% of that is a little over 2 trillion. 20% of the same would be more like 2.8 trillion, or $800B more. If the Congress can cut out another $600B or so, then the budget can once again be balanced. But, I suppose that is hoping for too much. People would much rather keep spending, limit taxes, live in a fool's paradise and wind up with a debt that can't be paid.
So, revenues will go from way below average, to slightly above. Let's hope that is accurate, and that the Congress can be made to quit increasing spending to keep pace.
Since the GDP of the US is in the neighborhood of 1.4 x 10 ^ 13 , 14.4% of that is a little over 2 trillion. 20% of the same would be more like 2.8 trillion, or $800B more. If the Congress can cut out another $600B or so, then the budget can once again be balanced.
But, I suppose that is hoping for too much. People would much rather keep spending, limit taxes, live in a fool's paradise and wind up with a debt that can't be paid.
