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2015 Federal Budget in Pictures
The Heritage Foundation ^

Posted on 03/22/2015 2:21:24 PM PDT by 1rudeboy

Federal spending and debt are out of control

If America does not change course, the future will be dramatically worse. Now more than ever, it is crucial that Americans understand what our nation's spending, taxes, and debt mean for them and their families. The Heritage Foundation's Federal Budget in Pictures offers a unique tool to learn about the federal budget in a clear and compelling way.

What if a Typical Family Spent and Borrowed Like the Federal Government?

If a median-income family spent and borrowed like the federal government does, it would spend $61,000 despite earning only $52,000. It would pile $9,000 on top of an already massive debt of more than $311,000—like having a mortgage, only without the house.

[other pictographs include]:



TOPICS: Breaking News; Business/Economy; Constitution/Conservatism; Culture/Society; Government
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1 posted on 03/22/2015 2:21:24 PM PDT by 1rudeboy
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To: 1rudeboy

2 posted on 03/22/2015 2:35:37 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: 1rudeboy

Well done.


3 posted on 03/22/2015 2:36:50 PM PDT by nascarnation (Impeach, convict, deport)
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To: Diana in Wisconsin

4 posted on 03/22/2015 2:36:57 PM PDT by dfwgator
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To: 1rudeboy

92,898,000 Americans 16 years and older did not participate in the labor force last month

http://data.bls.gov/timeseries/LNS15000000


5 posted on 03/22/2015 2:44:21 PM PDT by corlorde (Oath Keeper)
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To: 1rudeboy
Obama fanning money photo: Rich Obama 33z33pi.gif
6 posted on 03/22/2015 2:47:41 PM PDT by tumblindice (America's founding fathers: all armed conservatives.)
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To: 1rudeboy

bump


7 posted on 03/22/2015 2:48:26 PM PDT by gibsosa
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To: corlorde

BLS employment Obama lies


8 posted on 03/22/2015 3:09:23 PM PDT by Luigi Vasellini (End the political class.......TERM LIMITS NOW!!!!!!!!!!)
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To: dfwgator
woops there it is!

and HERE it is again


9 posted on 03/22/2015 4:18:13 PM PDT by MeshugeMikey ("Never, Never, Never, Give Up," Winston Churchill ><>)
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To: 1rudeboy

these numbers are off.
US tax revenue hovers around $2.5 t annually.
US annual spending is hovering around $4.0 t
US debt is now $18 t

translating into the average family:

annual income: $52k
annual spending: $83k
annual credit card debt: $31k
total current debt: $375k


10 posted on 03/22/2015 4:34:26 PM PDT by sten (fighting tyranny never goes out of style)
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To: sten

Source?


11 posted on 03/22/2015 4:36:53 PM PDT by 1rudeboy
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To: 1rudeboy

PING !!!


12 posted on 03/22/2015 4:37:25 PM PDT by Java4Jay (The evils of government are directly proportional to the tolerance of the people.)
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To: 1rudeboy

Rumor on the hill has it that John Boehner tried to sabotage the Budget Committee last week in the 11th hour of their deliberations and lost. Tom Price, Budget Committee Chair, rallied his committee and ended up beating Boehner’s feeble attempt to kill their proposals.


13 posted on 03/22/2015 4:45:54 PM PDT by Scooter100
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To: Scooter100

It will be interesting to see what happens Tuesday next, in the Price vs Boehner saga, as the Budget Bill heads to congress.


14 posted on 03/22/2015 4:47:44 PM PDT by Scooter100
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To: 1rudeboy

source?

math


15 posted on 03/22/2015 4:50:48 PM PDT by sten (fighting tyranny never goes out of style)
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To: sten

Ok, so the answer is none.


16 posted on 03/22/2015 4:59:37 PM PDT by 1rudeboy
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To: 1rudeboy

https://www.whitehouse.gov/omb/budget/Historicals


17 posted on 03/22/2015 5:04:14 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: sten

Your numbers are off.


18 posted on 03/22/2015 5:05:44 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: 1rudeboy

Looks like a standard income statement and balance sheet in California.


19 posted on 03/22/2015 5:52:19 PM PDT by Carry_Okie (The environment is too complex and too important to manage by government regulation.)
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To: 1rudeboy; All
Thank you for referencing that article 1rudeboy. Please bear in mind that the following critique is directed at the article and not at you.

As FReepers read the following analysis about the federal budget, please consider that the 17th Amendment (17A) is the real troublemaker with respect to fostering the criminal mismanagement of taxpayer dollars.

The material below explains in simple language not only the rough ceiling as to what taxpayers should be paying Congress every year to perform its constitutional Article I, Section 8-limited power duties, but also how we got into today’s federal financial mess.

To begin with, note that the Supreme Court has clarified that Congress is prohibited from laying taxes in the name of state power issues, essentially any issue that Congress cannot reasonably justify under its Section 8-limited powers.

“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.

Given that the plurality of clauses in Section 8 deal with defense, and given that the Department of Defense budget for 2015 was $500+ billion, I will generously round up the annual price tag of the federal government to the taxpayers as $1 trillion (but probably much less).

In other words, the corrupt media, including Obama guard dog Fx News, shouldn’t be reporting multi-trillion annual federal budgets without including the Supreme Court’s clarification of Congress’s limited power to lay taxes in discussions.

The likely reason that we now have an unconstitutionally big, tax-hungry federal government on our backs is this. When the Founding States established the federal Senate, they gave control of the Senate uniquely to state lawmakers. Part of the reason for having state legislatures control the Senate was so that the Senate could kill House appropriations bills which could not be justified under Congress’s Section 8-limited powers, such bills essentially stealing state powers and state revenues associated with those powers.

The problem is that the Progressive Movement spooked low-information citizens to pressure state lawmakers to ratify the ill-conceived 17A. And state lawmakers caved in and ratified the amendment, foolishly giving up the voices of the state legislatures in Congress by doing so.

So now, after voters elect their federal senators, they go home and watch football while corrupt senators rob voter’s wallets by working in cahoots with the corrupt House to pass unconstitutional appropriations bills.

The 17th Amendment needs to disappear.

20 posted on 03/22/2015 6:29:08 PM PDT by Amendment10
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