“every day, families sacrifice to live within their means – they deserve a government that does the same.” ~ President Obama
In the most recent talks to avoid the looming fiscal crisis, though, House Speaker John Boehner insists the president has been singing a different tune, and is “just not serious about cutting spending.”
Each day during the month of November, the government brought in a little more than $5 billion of revenue. That’s a lot of money – but the U.S. government spent in that time more than $11 billion a day. The difference is roughly $6 billion.
Of that $11 billion, the top items were as follows: The Department of Health and Human Services, which goes through roughly $3 billion a day; Social Security, which shells out roughly $2.5 billion a day; the Department of Defense, which runs a $1.8 billion daily tab; and interest on the debt, which eats up $854 million every day.Read the whole story HERE.