Real Deficit Last Year: $5 Trillion #tcot #gop #p2

Real Deficit Last Year: $5 Trillion

patdollard.com 24 May '12, 8pm

Real Deficit Last Year: $5 Trillion #tcot #gop #p2

Real Deficit Last Year: $5 Trillion May 24, 2012 No Comments ›› American Infidel Excerpted from USA TODAY: The typical American household would have paid nearly all of its income in taxes last year to balance the budget if the government used standard accounting rules to compute the deficit, a USA TODAY analysis finds. Under those accounting practices, the government ran red ink last year equal to $42,054 per household — nearly four times the official number reported under unique rules set by Congress. A U.S. household’s median income is $49,445, the Census reports. The big difference between the official deficit and standard accounting: Congress exempts itself from including the cost of promised retirement benefits. Yet companies, states and local governments must include retirement commitments in financial statements, as required by federal law and private boards that se...

Full article: http://patdollard.com/2012/05/real-deficit-last-year-5-tr...

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@TheCypressGang » 25 May '12, 7pm
#lnyhbt @PatDollard #Politics: Real Deficit Last Year: $5 Trillion - > - > - > - > - > - > -... [link] #tcot #TeaParty #p2
@Gone_hunting » 25 May '12, 3am
RT @PatDollard: Real Deficit Last Year: $5 Trillion [link] #tcot #gop #p2 #OVOMITDEATHCAREPLAN
@PatDollard » 25 May '12, 2am
Real Deficit Last Year: $5 Trillion [link] #tcot #gop #p2
@GirlPainting » 24 May '12, 9pm
Read&weep! RT @AlieNicole7: Real Deficit Last Year: $5 Trillion [link] #twisters #tcot
@dlittlet » 24 May '12, 8pm
RT @Snarky_Basterd: Real Deficit Last Year: $5 Trillion [link] #twisters #tcot
@NEWTPOTUS » 24 May '12, 8pm
Real Deficit Last Year: $5 Trillion [link] #tpp via @iResistAll
@Snarky_Basterd » 24 May '12, 8pm
Real Deficit Last Year: $5 Trillion [link] #twisters #tcot
@KD0NHM » 24 May '12, 8pm
via @PatDollard Real Deficit Last Year: $5 Trillion [link] #twisters #teaparty
@wmathison » 24 May '12, 8pm
Pat Dollard: Real Deficit Last Year: $5 Trillion [link]
@IrrefutableOne » 25 May '12, 4am
RT @PatDollard: Real Deficit Last Year: $5 Trillion [link] #tcot #gop #p2
@WashingtonDCTea » 25 May '12, 3am
RT @PatDollard: Real Deficit Last Year: $5 Trillion [link] #tcot #gop #p2
@CFHeather » 25 May '12, 3am
RT @PatDollard: Real Deficit Last Year: $5 Trillion [link] #tcot #gop #p2
@SeeTac7 » 25 May '12, 3am
RT @PatDollard: Real Deficit Last Year: $5 Trillion [link] #tcot #gop #p2
@Jarjarbug » 25 May '12, 3am
RT @PatDollard: Real Deficit Last Year: $5 Trillion [link] #tcot #gop #p2
@scswab » 25 May '12, 2am
RT @PatDollard: Real Deficit Last Year: $5 Trillion [link] #tcot #gop #p2
@Jim_Peoples_ » 24 May '12, 9pm
Real Deficit Last Year: $5 Trillion « Pat Dollard [link]
@CapeMayMeg » 24 May '12, 9pm
“@AlieNicole7: Real Deficit Last Year: $5 Trillion [link] #twisters #tcot”