Member
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Join Date: Sep 2006
Posts: 519
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Member
Join Date: Sep 2006
Posts: 519
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Here you go Melody, this is what I was looking for. I agree with Kitty as well; checks will go out.
Ramsey went through some of the numbers on the federal budget and the debt ceiling situation. He noted that the government takes in $2.6 trillion in revenue each year. Out of that $2.6 trillion, he delineated the list of spending priorities the government is likely to follow. It breaks out likes this:
Interest on the debt
$0.4 trillion ($400 billion)
Medicare/Medicaid $0.7 trillion ($700 billion)
Social Security
$0.8 trillion ($800 billion)
Military $0.8 trillion ($800 billion)
Total $2.7 trillion
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