Thursday, March 16, 2006

Update Your Quicken

According to ABC News the Senate just added another 781 billion dollars to the national debt. It is now a record $9 BILLION. Divided among every man, woman and child in the U.S. that is $30,000 per so if you are married add 30K$ to your Quicken debt and if you're married another 30K$ for your spouse. Got kids? Add another 30K$ for each. If I add correctly the average family in the U.S. just bought another house and didn't know it.

The partisan vote also came as the Senate continued debate on a $2.8 trillion budget blueprint for the upcoming fiscal year that would produce a $359 billion deficit for the fiscal year beginning Oct. 1.

The debt limit will increase by $781 billion. It's the fourth such move increasing the debt limit by a total of $3 trillion since Bush took office five years ago.

Happy days are here again.

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