. U.S. tax revenue: $2,170,000,000,000 . Fed budget: $3,820,000,000,000 . New debt: $1,650,000,000,000 . National debt: $14,271,000,000,000 . Recent budget cuts: $38,500,000,000 Let's now remove 8 zeros and pretend it's a household budget: . Annual family income: $21,700 . Money the family spent: $38,200 . New debt on the credit card: $16,500 . Outstanding balance on the credit card: $142,710.
Total budget cuts: $385 Got it?
