$4 Trillion Federal Budget

Budget Outlays 1980-2016

A few days ago President Obama presented his $4 trillion budget for FY 2016. OK, the actual amount was $3.999 trillion. But, let’s go ahead and call it $4 trillion. The projected deficit is $474 billion (revenues – expenses). That means we are overspending $1.3 billion every day, $9.1 billion every week and just under $40 billion every month. The federal government will add another $474 billion to our current national debt of $18.1 trillion as of February 1, 2015.

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PREPARE Introduction

Below you will find the introduction to PREPARE.

“The mother of all economic storms is headed our way, yet most Americans seem oblivious to the danger. Despite the gathering thunderclouds of annual federal budget deficits and a rapidly escalating national debt, most people are simply ignoring the news and information concerning the coming economic crisis.

There’s really nothing complicated about it. You only need one chart to illustrate our nation’s unsustainable course.

Prepare Only One Chart

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Worst Disaster or Finest Hour?

One of my favorite movies is Apollo 13 (along with Rudy, Braveheart, The Patriot, and Iron Will). Underdog heroes have always inspired me to never give up.

In Apollo 13, shortly after an apparent electrical short/explosion occurs in the rocket ship, all the warning lights and alarms begin flashing in the cockpit and at mission control. That’s when we hear the commander say, “Houston, we have a problem.”

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Billions of Lives Will Be Impacted

Large crowd of people watching concert or sport eventIf Congress fails to take corrective action, more than 300 million American lives will be impacted.  In fact, it’s no exaggeration to say that billions of lives are will be affected (around the world) if the financial crisis in the United States reaches the tipping point.

Why? Because the economies of most nations are directly or indirectly tied to the U.S. economy. As America goes economically, so goes the world.

PREPARE NOW.

Who Do You Want in Congress?

Prepare Capitol in DC

I am fiscally conservative, but that doesn’t mean I promote one political party.

Both parties — the Democrats and the Republicans — have acted irresponsibly over the years. I am in favor of any person, group, or political party that will promote (and vote for) for responsible fiscal management.

There are some great people who serve in Congress. Just because the majority are making irresponsible decisions doesn’t mean that every member is in favor of borrowing and spending more.

We should support, applaud, and re-elect members of Congress who consistently demonstrate fiscal responsibility. And we should exercise our rights as citizens to vote out of office members of Congress who promote and vote for fiscally irresponsible legislation.