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Lesson # 1:
* U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000

 Let's now remove 8 zeros and pretend it's a household budget:
 * Annual family income: $21,700
 * Money the family spent: $38,200
 * New debt on the credit card: $16,500
 * Outstanding balance on the credit card: $142,710
 * Total budget cuts so far: $38.50
 Got It ??....... OK now,

Lesson # 2:
 Here's another way to look at the Debt Ceiling:
 Let's say, You come home from work and find there has been a sewer backup in your neighbourhood and your home has sewage all the way up to your ceilings.
 What do you think you should do?
Raise the ceilings, or remove the shit?

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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