Friday, March 30, 2012

Funding Government by the Minute

The Federal government is currently spending at a rate of $434,000,000.00 per hour.
If we assume the Federal government were to cut:
  • No NASA
  • No Navy
  • No Army
  • No Air Force
  • No Marines
  • No Nuclear Weapons
  • No Defense Research
  • No Veterans Services
  • No Federal Funding for Police
  • No Federal Funding for Fire Protection
  • No Federal Funding for Education
  • No Federal Transportation Funds
  • No Congress
  • No White House
  • No Waste Management
  • No Street Lighting
  • No Pollution Abatement
  • No Housing Development
  • No Cultural Services
The government would still be short two weeks worth of funding for the year, requiring it to issue more debt to avoid bankruptcy.
Listen to Prof. Antony Davies of Duquesne University explain the current debt situation in terms everyone can understand.

Read more: http://www.libertariannews.org/2012/03/28/funding-government-by-the-minute/

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