A frightening video which tells the truth about the federal budget, where it comes from and what it’s spent on.
Whittle says Barack Obama doesn’t have a billion dollars to spend on this campaign. He has $2.2 trillion every year to buy votes with. And if you eliminated the entire federal government – Congress, all the cabinet agencies, the military – you still wouldn’t have enough tax revenue to cover the cost of the federal entitlements.
The corollary to that is if you eliminated the entitlement programs – or cut them back to the levels at which they were originally envisioned to be upon their initial proposals – you’d have a surplus.
Feel free to share this video with people who say our deficit comes because of wars overseas or billion-dollar embassies. That’s a pittance compares to what’s really going on.