Archive for the ‘budget deficit’ Category
Ron Paul On Foregoing Congressional Payraise & what the government should freeze spending on!
Wednesday, April 28th, 2010Ron Paul’s Transition Plan
Tuesday, April 27th, 2010How much is a trillion dollars?
Monday, September 28th, 2009To give you an ideal of how much money the federal government spends. If a dollars is equal to a second:
- 1 million seconds is equal to 11.5 days
- 1 billion seconds is equal to 32 years
- 1 trillion seconds is equal to 32,000 years
The national debt is 11+ trillion dollars. The is a 2 trillion deficit for 2009. Check out the debt clock to see graphically where the money comes from and where it is spent.