Tuesday, November 13, 2012

How Uncle Sam Spends Your Money

"Budget Hits New High"…"President Seeks Balanced Budget"…"Defense Costs Up Budget Total" - each January you see headlines like these in your newspapers. The stories, loaded with facts and figures, summarize the contents of the budget the President is proposing for the operation of the United States government in the year starting the following July 1. You try to read down through the news stories. But the figures are too huge - who can actually picture a billion dollars or even a million dollars, for that matter? And the language is too technical - expenditures, deficits, appropriations, carryovers. You soon lose the thread and move on to more interesting stuff." 

Good Reading Rack Service, 1959

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