Episode 139: Happy Deficit Day!
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The Perfect Day for Deficit Day
The way deficit day works is imagine that the federal government receives all of the revenue it's going to get for the year on January 1st. The question is how far into the calendar year do you go before you're done paying your taxes and then from that point on, you get to keep your pay checks? This year was April 16th - coincidentally right around tax day. Since Eisenhower was president, every single year the debt has increased.
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