Where did you come up with that figure? They were only $2.2 trillion in 2010. And our expenditures were $3.5 trillion.
These figures look as if they were skewed to make a point.
There is no time period stated so it is impossible to determmine the basis for these calculations.
Estimates for 2011 Government Revenue hover around $4.5 trillion.
Move the active duty military payments to the top chart and we would be good to go.
Much of the expenditure in the bottom chart is for items we would like to see eliminated anyway!
Try $2.2 Trillion. If the Government had $4.5 Trillion coming in, even Obama’s ridiculous Budget Proposal would have been balanced.
Where did you get that figure?
RE: These figures look as if they were skewed to make a point.
There is no time period stated so it is impossible to determmine the basis for these calculations.
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If you want to look at the detailed analysis, here is the document in PDF format:
http://www.bipartisanpolicy.org/sites/default/files/Debt%20Ceiling%20Analysis%20FINAL_0.pdf
I think the time period is ONE MONTH.
Also, I have a question regarding :
Estimates for 2011 Government Revenue hover around $4.5 trillion
I thought the US Government’s revenue for 2011 is estimated to be $2.4 Trillion and our budget is about $3.85 Trillion...
That is why we have a deficit of about $1.5 Trillion.
But correct me if I am wrong.
Where did you come up with that figure? They were only $2.2 trillion in 2010. And our expenditures were $3.5 trillion.