Recently Visited

  • Getting bills...

News, Commentary, and What to Watch on WashingtonWatch.com Blog Feed

A Tale of Two Budgets

Oh, they’ll throw all kinds of words at you. But here are the numbers, plain and simple and sweet:

The House Republican budget plan (H. Con. Res. 25) spends $3.531 trillion. It plans for revenue of $3.003 trillion. That leaves a deficit of $528 billion.

The Senate Democratic budget plan (S. Con. Res. 8) spends $3.715 trillion. It plans for revenue of $3.022 trillion. That leaves a deficit of $692 billion.

So there you have it! You can decide which of the two you like better.

Maybe you think that spending, taxes, and deficits should be held down. You probably like the Republican plan better.

Maybe you think it’s fine for spending, taxes, and deficits to be slightly higher. You probably like the Democratic plan better.

Here’s a table that breaks down the numbers a little further.

Republican Budget Plan Democratic Budget Plan The Difference
Spending $3,531,000,000,000 $3,715,000,000,000 +$184,000,000,000 (5.2%)
per family $33,707 $35,464
per person $10,769 $11,330
Revenue $3,003,000,000,000 $3,022,000,000,000 +$19,000,000,000 (0.6%)
per family $28,667 $28,849
per person $9,159 $9,217
Deficit $528,000,000,000 $692,000,000,000 +$164,000,000,000 (31.0%)
per family $5,040 $6,615
per person $1,610 $2,113

The current national debt is about $165,752 per U.S. family, so we’re talking about an increase of between 3% and 4% depending on whether Republicans or Democrats get their way. Does it make a difference?

Here are the current votes here on WashingtonWatch.com for both proposals. Click to vote, comment, learn more, or edit the wiki articles about the two budget resolutions.

Visitor Comments for A Tale of Two Budgets RSS 2.0

WashingtonWatch.com Digest – March 18, 2013 | US Senators

[…] Read about the different spending plans of the Democratic Senate and the Republican House in a post entitled: “A Tale of Two Budgets.” […]

WashingtonWatch.com Digest – Presses Held…! | US Senators

[…] Republican House and Democratic Senate both have budgets this year—we’re excited about that—and we want to feature President Obama’s budget (late as […]

Add Comment

Comments are limited to 1,000 characters. Please do other visitors the courtesy of expressing yourself concisely. WashingtonWatch.com bears no responsibility for comments nor any obligation to publish them. Comments that are impolite, off-topic, violations of others' rights, or advertisements are likely to be removed.