$1,000,000,000,000!!!!!
by Mike on Jul.16, 2009, under Political
WOW!! That’s how much debt the federal government racked up between October 1, 2008 and June 30, 2009. That works out to about $111 Billion per month, $3.65 Billion per day, $152 Million per hour, $2.5 Million per minute and $42K per second that the federal government spends more than it has coming in. (BTW – there are 23.6 Million seconds in 9 months).
And this includes less than 10% of the $787 Billion “Stimulus” package that had to get done or unemployment would hit 9%. Oh, it did anyway? Nevermind.
And this does not include the $Trillions to be spent on health care “reform”. Where does it end?
There are now bills in Congress which provide for a 5.4% surtax on folks making more than $1M. To tax the productive members of society to pay for the Democrats freedom-robbing programs is ridiculous.
Where this will end is simple. A 2 line tax form:
How much did you make last last year?
Send it in.