AIMI Login

Lost Password

New to the community? Sign Up Now.

×

News & Media

In 2020 The U.S. Government’s Budget Is About $4,700 Billion. Revenues Will Total About $3,400 Billion. Our U.S. Budget Deficit Will Be About $3 Trillion

Posted on February 28, 2016 John Abood

The U.S. Congress and our Chief Executive continue to spend more of our money than they receive. They are perpetuating our national debt and digging a hole that will take us about 60 years to escape…once we begin to pay our debts. Currently, every citizen in our country (320 million) owns approx. $69,000 of our national debt. Generally, a large debt burden threatens our economy by putting upward pressure on market interest rates and diminishing investment in productive private endeavors.

Leave a Reply

You must be logged in to post a comment.