August 11, 2012

A few bullet points

From Alan Joel:
1200 Days without a Budget
Saturday, August 11, 2012 marks 1200 days without a budget. Here�s some sobering facts to join it:
  • The last time the Senate passed a budget was on April 29, 2009.
  • The Outstanding Public Debt as of 11 Aug 2012 at 12:38:57 AM GMT is: $15,920,131,113,709.46
  • The estimated population of the United States is 313,295,427, so each citizen�s share of this debt is $50,815.08
  • Obama�s $3.6 trillion budget proposal was defeated this year in the House of Representatives by a vote of 414-0.
  • Obama�s FY2012 budget was defeated last year in the Senate, by a vote of 97-0.
  • By 2050, the national debt is set to hit 344 percent of Gross Domestic Product.
  • By around Election Day, the total debt of the United States will be $16,394,000,000,000.00 ($16.394 trillion).
Last time, we marked the 1000 days without a budget. Now it�s 1200 days. Did you know that Obama�s term as President is officially 1461 days? Almost the entirety of his administration has been operating without a budget.
I hope Mitt Romney will hammer this point home today during his VP rollout.
Posted by DaveH at August 11, 2012 2:58 PM
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