Since when did the budget have to be balanced? Obama said it wouldn't add to the deficit, but he only meant that to pass it. He almost immediately signed away other things that prevented the 10 years of revenue from paying for the 6 years of benefits 'balanced' approach they used to pass it with.
This year, the federal deficit is just slightly over $1T. Yes, that is a T, not a B, not a M. This is the deficit, the the amount they are spending. If you figure 330M in the US (not counting those we don't count), figure out what your portion of just the deficit spending this year is. Send in the check....
Dan
Yes, we can expect new and higher taxes in the years to come, but what happens when people just throw their hands up and do the bare minimum to pay their bills?
If the average person understood how much of the money is being thrown away on federal resarch grants for everything from tracking the migratory habits of the tse tse fly in mid continental Africa, to whether or not a dirty paper clip causes the same level of infection in Albino twins I think that they would be furious while they are trying to pay their power bills.
Setting entitlements aside, I'd love to see the figure on how many politically motivated grants are being passed out to colleges and universities, and what they were studying.