American Budgeting in a Nutshell

February 12, 2012

In case you wonder why America can’t solve its budget problem. From The New York Times:

Ki Gulbranson…. says that too many Americans lean on taxpayers rather than living within their means. He supports politicians who promise to cut government spending. In 2010, he printed T-shirts for the Tea Party campaign of a neighbor, Chip Cravaack, who ousted this region’s long-serving Democratic congressman.
Yet this year, as in each of the past three years, Mr. Gulbranson, 57, is counting on a payment of several thousand dollars from the federal government, a subsidy for working families called the earned-income tax credit. He has signed up his three school-age children to eat free breakfast and lunch at federal expense. And Medicare paid for his mother, 88, to have hip surgery twice.

8:13am | URL: https://tmblr.co/ZPUuPyGIHQ6h

(Notes: 35)