Solving Budget Problems, Just Like Government July 27, 2011
Posted by andiquote in Budget, Deficit Spending, Economy, Taxes.Tags: Balanced Budget, Baseline Budget, Budget, Economy, family, Mack, Penny Plan, Taxes
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Our family uses Baseline Budgeting, just like the U.S. Government.
This past year on an income of $50,000, we spent $54,000.
This coming year, we planned on spending $60,000. On an income of $50,000, someone pointed out that would be foolish. Too right!
Even though the children whined and complained, we worked together in a bipartisan fashion and made dramatic cuts, we now plan on spending only $58,000.
President Obama says, “There must be shared sacrifice.” With such drastic cuts, my only hope is the children don’t starve!
John Boehner’s Plan does NOT cut the budget.
In the link below:
Rush Explains Baseline Budgeting
For real cuts in government spending, check out the Connie Mack “Penny Plan”

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