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The Empire Center's Web-based Spend-o-Meter
April 20, 2008
The Empire Center's Web-based Spend-o-Meter
Calibrated to Governor Paterson's estimate of $121.7 billion in "all funds" spending under the enacted budget for the 2008-09 fiscal year, the Empire Center's "Spend-O-Meter" spins at the following rates:
$3,859 per second
$231,545 per minute
$13,892,694 per hour
$333,424,658 per day
$2,340,384,615 per week
$10,141,666,667 per month
"Under this year's budget, our state government will spend more every hour than 200 typical New York families earn in a year," said E.J. McMahon, director of the Empire Center. “The Spend-O-Meter is spinning at its fastest rate ever, even though economic growth is slowing.”
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