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Bankruptcy

: Arizona Bankruptcy Attorney Blog

Rand Paul's Budget: You Think You Have a Hard Time Budgeting?

By Joseph McDaniel, Esq.

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A household facing insolvency and bankruptcy often tries to reduce spending, but often runs into fixed costs that limit that effort: you're gonna have to make the car payment, or it's shank's mare for you, me boyo!

The Federal Budget is a little different, in many ways. But somebody named Rand Paul (two first names? why?) has taken a little bitty chain saw to the Federal Budget, and elicited howls of protest.

What interests me about it is that it ain't that radical; in effect, it rolls the Federal Budget back to (gasp!) 2008!

Myself, I think the best year we've ever had in the U.S. was 1950, and the Federal Government was plenty big enough then.

How about we roll out the 1950 Budget and tell Washington, welcome to our world!

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Full post as published by Arizona Bankruptcy Attorney Blog on January 27, 2011 (boomark / email).

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