Congress - an interesting metric
From
Politico:
Congress at work: '$1 billion an hour'
Senate Minority Leader Mitch McConnell (R-Ky.) has come up with a vivid new way to express his contention that the nation is spending way too much money it doesn�t have.
McConnell includes the tweaks in his opening remarks on the Senate floor on the 51st day that President Obama has been in office.
�In just 50 days, Congress has voted to spend about $1.2 trillion between the Stimulus and the Omnibus,� McConnell says. �To put that in perspective, that�s about $24 billion a day, or about $1 billion an hour�most of it borrowed. There�s simply no question: government spending has spun out of control.�
2010 is close at hand.
2012 is not that far away either...
Posted by DaveH at March 11, 2009 12:09 PM