The White House itself is projecting a $9 Trillion (yes that’s a ‘T’) deficit over the next 10 years. I heard a Republican congressman describe how much that really is, but didn’t believe him till I ran the numbers myself.
If we pay a million dollars a day ($365 million a year) on this deficit, how long will it take to pay it off? Grab your socks:
$9,000,000,000,000 / 365,000,000 =
24,657 years…and 6 months.
And that assumes Congress can balance the budget for the next 246 centuries.
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