Guest Post: Fiscal Cliff in Plain English
From The Disciplined Investor
January 9, 2013 - 1:29pm
Mark T. a listener of the TDI Podcast sent this in and I thought it was worth a look. Good stuff! Follow @andrewhorowitz “Fiscal Cliff” in plain English 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 [...]
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