“$1 Billion An Hour”

March 11th, 2009 (7) Posted By Pat Dollard.

dcfog

Politico:

By MIKE ALLEN

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.”

The math: 50 days times 24 hours equals 1,200 hours. 1,200 times 1 billion equals 1.2 trillion (a thousand billions is a trillion).

Even as he proposes a huge increase in the reach of government, the president continued to try to show his concern about spending by making an announcement Wednesday about earmark reform.

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  • brovato

    were are simply fucked! Way to go you dumbocraps for electing this fkn idiot without a CLUE :evil:

  • Mike Mose

    It is time to impeach Obama as unqualified and dangerous to every American now and in the future.

  • http://bd41f1d0e3b34a3887607611a481ade3 Monkeysdad(Anxiously investing in Matresses)

    And his foreign policy sucks big donkey dicks too.

  • Pingback: Congress at work: ‘$1 billion an hour’ at osmoothie

  • Sully

    It’s necessary to control wealth in order to re-distribute wealth.

  • jasjfarrell

    Only by spending this amount of money will they be able to justify raising taxes on everyone regardless of the income levels.

  • Syndromeofadown (The dirty dirty Kafir)

    Praise the Dear Leader that seeks to fianance the rise of the poverty stricken comrade.