$3.03 trillion in with $3.52 trillion out. The difference: $492 deficit
Everyone likes pie, right? Two simple charts to put it all into perspective.
Revenues: Money into the Federal till to pay the bills
Specific Spending Top to Bottom
(Health Care #1 / Defense #3)
Class dismissed. Wait, wait. So, what's Congress to do about it - they do have the purse strings as it were? Call it another Rick Perry "Whoops" moment.
All the charts are located at and drawn from The Concord Coalition (linked here) - FYI. I like to use all the resources available and this is a good one - budgeting 101 - I like it simple.