One Million Million

"Blessed are the young, for they shall inherit the national debt."

- Herbert Hoover, 1936

Fact The United States Is Broke. “They” say the problem will never be solved. We say, never say never.

Wisdom – “Expect the best. Prepare for the worst. Capitalize on what comes.” – Zig Ziglar

  • We present the issues related to the magnitude of the US National Debt as fairly as we can directly to We The People.

  • We explore every conceivable means of decreasing federal spending. We regularly communicate to our elected representatives by the written word, the spoken word, and at the ballot box, the idea that excessive federal spending is unacceptable. 

  • We explore every conceivable means of increasing federal revenues.

  • We are dedicated to the proposition that ‘Blessed are the young, and they shall not inherit the national debt.'

  • Our site is supported by our readers. When you make a purchase through links on this site, we may earn an affiliate commission.
  • 50% of any commission is sent directly to the US Bureau of the Fiscal Service which, by law, must apply these donations to the principal of the US national debt.

United States Budget 101

Balanced Budget
The Treasurrty The Treasury Department

Balanced Budget

Government revenues (receipts) equal government expenditures (outlays) for a given period of time.

Revenues – Expenses = 0

 

 

The Treasurrty The Treasury Department

Budget Surplus

Government revenues (receipts) exceed government expenditures (outlays) for a given period of time.

Revenues – Expenses > 0

Budget_Surplus
Budget_Deficit
The Treasurrty The Treasury Department

Budget Deficit

Government expenditures (outlays) exceed revenues (receipts) for a given period of time.

Revenues – Expenses < 0

The deficit is added to the accumulated debt.

 

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