U.S. Budget vs. Family Budget

 

If a median-income American family spent money like the U.S. government, it would have spent all of its earnings, and then put $10,000 on the credit card in 2016 even though it was already $272,000 in debt.

Additional Sources:
U.S. Census Bureau
Treasury Direct

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Date Produced: October 15, 2016

Source: Congressional Budget Office

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