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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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Times Union, January 27, 2007
Check, Please!
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CONTACT: Matt Smith, October 12, 2006
New York Ranks Low in Economic Freedom: Report
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Spitzer Outlines Vision of Medicaid
Times Union, January 27, 2007
Check, Please!
New York Post, January 15, 2007
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New York Sun, January 11, 2007

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CONTACT: Matt Smith, October 12, 2006
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