NYS, Spending Us Into Oblivion, Judge For Yourself

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WHERE ARE THE REAL ESTATE TAX CAPS? WHY IS LONG ISLAND PAYING AN MTA PAYROLL TAX? NO DISCRETIONARY SPENDING CAPS?

Calibrated to the Governor’s estimate of $132.5 billion in “all funds” spending under the enacted budget for the 2011-12 fiscal year, the Empire Center’s “Spend-O-Meter” spins at the following rates:

$4,201 per second

$252,093 per minute
$15,125,570 per hour 

$363,013,699 per day

$2,548,076,923 per week

$11,041,666,666 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 of the Empire Center.

EmpireCenter Nanny MYS Spend-O-Meter

This information from one of our contributors.

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