Really, we take in $20K from each household? Bwahahahahaha!
That must make folks with low taxable income feel really good about themselves.
I don’t know how they get the numbers or the validity of the numbers.
I do know government is spending far more than it takes in and such spending is unsustainable without serious consequences even when government can borrow and/or print the money.
They can’t fix it with taxes. They won’t fix it by growing the economy. They have one answer only.... keep spending money we don’t have and we’ll make the hard decisions next year.
Just wait until Obamacare impacts our current situation. The ending of this story will be ugly.