<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Daily Bulletin &#187; Debt</title>
	<atom:link href="https://bulletin.accurateshooter.com/tag/debt/feed/" rel="self" type="application/rss+xml" />
	<link>https://bulletin.accurateshooter.com</link>
	<description>from AccurateShooter.com</description>
	<lastBuildDate>Tue, 16 Jun 2026 15:34:45 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>https://wordpress.org/?v=4.1.26</generator>
	<item>
		<title>Congress Called&#8230; Please Send in Your $30,635.00 Check</title>
		<link>https://bulletin.accurateshooter.com/2009/04/congress-called-please-send-in-your-3063500-check/</link>
		<comments>https://bulletin.accurateshooter.com/2009/04/congress-called-please-send-in-your-3063500-check/#comments</comments>
		<pubDate>Fri, 03 Apr 2009 21:07:08 +0000</pubDate>
		<dc:creator><![CDATA[Editor]]></dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Trillion]]></category>

		<guid isPermaLink="false">http://accurateshooter.wordpress.com/?p=5756</guid>
		<description><![CDATA[Congress has just approved a new $3.6 TRILLION dollar budget for fiscal 2010. This will include $1.75 trillion in deficit spending according to independent analysts (though House Democrats assert the deficit will only be $1.2 trillion). The budget was approved on party lines. No Republicans voted for the budget. In the Senate, the budget was [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>Congress has just approved a new $3.6 TRILLION dollar budget for fiscal 2010. This will include $1.75 trillion in deficit spending according to independent analysts (though House Democrats assert the deficit will only be $1.2 trillion). The budget was approved on party lines. No Republicans voted for the budget. In the Senate, the budget was approved 55-43, while in the House of Representatives the vote was was 233-196, with 20 Democrats dissenting.</p>
<p>With the U.S. population estimated at 305,529,237 as of 1/1/2009, (<a href="http://www.census.gov/Press-Release/www/releases/archives/population/013127.html" target="new">U.S. Census Bureau data</a>), President Obama&#8217;s $3.6 TRILLION budget represents a historically unprecedented level of spending (and borrowing) per capita. Check out them zeros: $3,600,000,000,000.00!</p>
<p><strong>The 2010 Federal Budget works out to $11,783.00 for every man, woman, and child in the United States, and represents $30,635.00 per household. This figure ($30,635) is 61% of the median American household income.*</strong></p>
<p><b>A Trillion Here, a Trillion There&#8230;</b><br />
For many Americans, the scale of the numbers being tossed around by Washington politicos is hard to comprehend. To put things in perspective, <a href="http://www.pagetutor.com/trillion/index.html" target="new">PageTutor.com</a> has created a handy visualization of what one trillion dollars would look like, in stacked $100.00 bills. Here, for starters, is a mere $100,000,000:</p>
<p><img src="http://accurateshooter.net/Blog/trillion00.jpg" alt="trillion dollars"></p>
<p>The image below shows one Trillion dollars ($1,000,000,000,000) in stacked $100.00 bills. (Pallets are double-tiered). To give you a sense of scale, the little red figure in the lower left corner is a human, the same guy in the picture above. Is your mind sufficiently boggled now?</p>
<p>
<img src="http://accurateshooter.net/Blog/trillion01.jpg" alt="trillion dollars"></p>
<p><b>How Much is a Trillion?</b><br />
Here are some other interesting <a href="http://gegenschein.wordpress.com/2008/09/29/a-1-trillion-dollar-bailout-is-astronomically-large/" target="new">Trillion-dollar calculations</a>, offered by Doug Furton, a physics Professor at Grand Valley State University:</p>
<p>• 1 trillion dollar bills stitched together end to end in a line would stretch about 94 million miles — a bit more than the distance from earth to the sun.</p>
<p>• 1 trillion dollar bills stitched together to form a quilt would cover an area about the size of the state of Connecticut.</p>
<p>• If we spent $1.00 every second, it would take 32,000 YEARS to spend 1 trillion dollars.</p>
<p>How about repaying the $1.75 trillion dollars Congress intends to borrow in fiscal 2010? Think that will be easy? Think again. Prof. Furton explains: &#8220;If we borrowed 1 trillion dollars at 6% APR with terms similar to a conventional home loan the debt would accumulate interest at a rate of $1929 per second. If we paid the debt off at the rate of $2000 per second we could discharge it in about 56 years — a working lifetime. By the end of this massive loan we would have paid a total of nearly 3.5 trillion dollars, putting a tidy 2.5 trillion dollars in the coffers of whoever made us the loan&#8221;.</p>
<p><font size='1'>*According to the Census Bureau, the average American Household size is 2.6 persons. U.S. Median Household Income is $50,233.00, last officially calculated in 2007.</font></p>
]]></content:encoded>
			<wfw:commentRss>https://bulletin.accurateshooter.com/2009/04/congress-called-please-send-in-your-3063500-check/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
	</channel>
</rss>
