Jake Tapper is the Senior White House Correspondent for ABC News.
He did a great job yesterday breaking down the Administration’s $ 3.8 Trillion budget proposal.
Tapper knocks off 8 zeros so the “family” budget looks like this:
Spending $38,000
Income $29,000
New Debt $ 9,000
Add the new debt to the family’s outstanding credit card debt of $153,000.
Yikes.
You can watch Tapper’s straight forward explanation at http://abcnews.go.com/blogs/politics/2012/02/what-if-obamas-budget-were-your-familys/
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