8 February 2015 AD
Trillion – Precisely how much is one trillion of anything? Better yet, allow me to demonstrate in a physical format the magnitude of our national debt, keeping in mind we are only talking about funded liabilities while excluding unfunded liabilities like retirement accounts.
A one-dollar bill has a thickness of .0043 inches. So, how big is our national debt today (2-8-2015) at over $18 trillion?
If we were to stack 18,115,781,960,032 one dollar bills, one atop another, we could create just over 5 stacks of money reaching from earth to the moon.
US Debt Clock 2-8-2015
Get real time national debt information from the US National Debt Clock: http://www.usdebtclock.org/
What is the status of current U.S. national debt?
With the above in mind, consider President Obama’s scheme plan to borrow even more for the 2016 FY budget.
President Obama proposes increasing taxes on the rich and corporations, while reducing taxes on middle and lower class citizens.
The Affordable Care Act (aka ObamaCare) represents the largest single tax on Americans in the history of our country.
Increasing taxes on wealthy investors and major corporations will simply drive them offshore, just as high taxes have done since the time of Bill Clinton.
Obama proposes raw socialism, collectivism and calls it “MIDDLE CLASS ECONOMICS FOR THE 21ST CENTURY”, while actually maneuvering to eliminate the middle class.
Read his proposed budget propaganda from his official website: http://www.whitehouse.gov/omb/overview
PS – April 15th is coming to a tax collection agency near your very soon.
Let’s tell our U.S. Representative and our two U.S. senators to CUT SPENDING and to REDUCE TAXES. Tell them to dramatically cut budgets for the fourth branch of government, those non-elected bureaucrats who pump out tens of thousands of regulations that will have the force of law depriving us of even more of our personal wealth and pushing us closer to national bankruptcy.
Congressional Delegation Contact Information – Texas CD-4
Senator John Cornyn contact information
517 Hart Senate Office Bldg.
Washington, DC 20510
Senator Ted Cruz contact information
185 Dirksen Senate Office Building
Washington, DC 20510
Congressman John Ratcliffe contact information
6531 Horizon Road
Rockwall, TX 75032
Phone: (972) 771-0100
Fax: (972) 771-1222