Sobering stats: this year the federal government will:
spend $30,958 per household
tax $17,576 per household
borrow $13,392 per household
Federal spending, in particular, will be
increased by 22%
account for 26% of the gross domestic product (GDP)
By 2019, we'll be spending almost $800 billion just to pay net interest on our debt.
(HT: Justin Taylor)
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