Tag: Peter G. Peterson
The Federal Budget in Plain English

According to the President’s Office of Management and Budget, the 2016 federal budget looks like this (p. 115): [table id=1 /] Now let’s pretend this is a household budget by removing eight zeros: [table id=2 /] Clearly, this family is financially irresponsible, as rising debt and debt-service costs consume the family budget. To continue…
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  • Catalyst
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