Remember this second – right now. OK, got it? Now we’ll continue with our story.
According to the $pend-o-meter created by the Empire Center for Public Policy, this is how much of your tax money the state has spent since midnight on April 1st.
Marcia Mastroianni took a look and said, “It boggles my mind. It does. Boggles my mind,”
Jim Corbett said, “It’s very difficult to live in New York, especially if you have to put your kids through school and college.”
E.J. McMahon, Director of the Empire Center, said, “One thing you can take from this is that the state budget is really big. So large, it’s tough to get a grasp on it.”
According McMahon, the calculation comes from the Division of Budget’s figure of $136.5 billion in “all funds” spending, and uses your computer’s clock to calculate the spending total as if it were spread out evenly over time.
McMahon said, “The state budget during the really severe financial crisis, through the worst economic, has risen about 8 percent in the last three years.”…
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