It’s like raising your rent by $320 per month just to run the government this year.
They want to increase the deficit spending by $328 billion this year, up from $1,800 billion the year before. This adds to the total debt of $35,000 billion. The increase, divided by the 340 million adults and children in America comes out to $320 per month for a family of four.
The deficit, or how much we are spending above our income, is about $2,100 per month per family of four. The total national debt is about $100,000 per citizen.
The new deficit is primarily paying to allow those with multiple billions in assets to pass the wealth to future generations while still avoiding taxes.
Originally commented by u/AdvanceAdvance on2025-02-2507:56:46 PM (meszcdq)
It’s like raising your rent by $320 per month just to run the government this year.
They want to increase the deficit spending by $328 billion this year, up from $1,800 billion the year before. This adds to the total debt of $35,000 billion. The increase, divided by the 340 million adults and children in America comes out to $320 per month for a family of four.
The deficit, or how much we are spending above our income, is about $2,100 per month per family of four. The total national debt is about $100,000 per citizen.
The new deficit is primarily paying to allow those with multiple billions in assets to pass the wealth to future generations while still avoiding taxes.
Originally commented by u/AdvanceAdvance on 2025-02-25 07:56:46 PM(meszcdq)