Since World War II, these United States has engaged in an international giveaway program by spending billions of dollars each year to aid foreign nations. There is no constitutional authority for Congress to spend money in that fashion. These expenditures have won us no friends or votes, and constitute a major drain on the resources of our taxpayers.
The following is an excerpt from a letter from a Louisiana lawyer regarding the federal budget deficit. I also heard Rush talk about it on his radio program. He puts it in terms of a family budget.
The U.S. Congress sets a federal budget every year in the trillions of dollars.
• U.S. income: $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 cut: $38,500,000,000
To put the 2011 federal budget into perspective, let’s remove EIGHT zeros from these numbers and pretend this is the household budget for the fictitious Jones family.
• Total annual income for the Jones family for the year: $21,700
• Amount of money the Jones family spent for the year: $38,200
• Amount of new debt added to the credit card for the year: $16,500
• Outstanding balance on the credit card: $142,710
• Amount cut from the budget: $385
So, in effect, last month Congress, or in this example the Jones family, sat down at the kitchen table and agreed to cut $385 from its annual budget. What family would cut $385 of spending in order to solve $16,500 in deficit spending?
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