What If the National Debt Were Your Debt?

According to the White House Office of Management and Budget, the federal government collected $2.2 trillion in 2011. That includes revenue from all sources: income taxes, payroll taxes, corporate taxes, excise taxes, estate taxes, tariffs, and all other sorts of taxes and fees. Also in 2011, the federal government spent $3.8 trillion and was $14.6 […]

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