Saturday, August 11, 2012 marks 1200 days without a budget. Here’s some sobering facts to join it:
- The last time the Senate passed a budget was on April 29, 2009.
- The Outstanding Public Debt as of 11 Aug 2012 at 12:38:57 AM GMT is: $15,920,131,113,709.46
- The estimated population of the United States is 313,295,427, so each citizen’s share of this debt is $50,815.08
- Obama’s $3.6 trillion budget proposal was defeated this year in the House of Representatives by a vote of 414-0.
- Obama’s FY2012 budget was defeated last year in the Senate, by a vote of 97-0.
- By 2050, the national debt is set to hit 344 percent of Gross Domestic Product.
- By around Election Day, the total debt of the United States will be $16,394,000,000,000.00 ($16.394 trillion).
Last time, we marked the 1000 days without a budget. Now it’s 1200 days. Did you know that Obama’s term as President is officially 1461 days? Almost the entirety of his administration has been operating without a budget.
I hope Mitt Romney will hammer this point home today during his VP rollout.
America needs a little R&R!