Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Qbert
So the government shutdown, at least as measured by money spent, is really a 17 percent government shutdown.

That's interesting. It also means that, if you look at the numbers, even a shut-down government runs a deficit and spends more than it takes in. According to Wikipedia, the current planned budget is 3.8 trillion, and expected income will be 2.9 trillion, for a deficit of 900 billion.

But, if 17% of the government is really shut down (and that may be high, because of votes to guarantee back pay to "furloughed" non-essential employees), the spending cut would be roughly $600 billion, so we'd still spend at a $3.2 trillion rate, leaving a deficit between $200 and $300 billion!

14 posted on 10/07/2013 7:18:13 AM PDT by Pearls Before Swine
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Pearls Before Swine

Good point. Once back-pay is inserted into the equation I would think the savings in a shudown is very low. A shutdown just means we pay government employees to goof off and harrass us at monuments.


22 posted on 10/07/2013 7:53:57 AM PDT by plain talk
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson