Posted on 06/22/2009 4:17:04 AM PDT by SeekAndFind
What’s bigger than a trillion, a number so large it would take several lifetimes to count to it? Well, a quadrillion is a thousand trillion. It may be time to worry that President Obama’s spending spree will introduce us to the word “quadrillion.”
This year alone we’ve been asked to pay for stimulus, the bailouts, Health Care Reform, Climate Change and proposals to exact massive new taxes. The next round of Tea Parties (scheduled for Independence Day) should focus attention on the threat the federal government may end up taking control of what’s left of the private sector of the U.S. economy.
President Obama will be using ABC News to host a so-called Townhall meeting to promote his expensive health care ideas, and Congress has already started the process of drafting legislation to implement those ideas. Because Obama has promised that his plan should be “deficit neutral,” his objectives are already in conflict with what is being produced on Capitol Hill. Even more interesting is the fact that the Senate Education Labor and Pensions Committee draft contains all of the President’s major proposals (a public plan, an employer mandate, an individual mandate, a massive Medicaid expansion) to the point where it can legitimately be called The Obama/Kennedy bill. The Congressional Budget office partially scored the bill and revealed that it would result in a whopping $1 trillion increase to the deficit. So much for deficit neutrality. This partial score has slowed progress in the Senate and left Democrats scrambling to find savings to get the cost under $1 trillion.
The details of this bill remain a mystery to the CBO. “It is important to note, however, that (the estimated $1 trillion cost) does not represent a formal or complete cost estimate for the draft legislation,” CBO says. It had a hard time estimating the cost of some of the provisions it reviewed, and the administrative costs for a massive new health care bureaucracy have “not yet been fully captured.” Sen. John McCain (R-Ariz.) called the markup a “joke,” because the bill hadn’t been fully scored by congressional watchdogs.
Meanwhile, markup of the Obama/Kennedy bill was complicated because the committee leadership decided to start with major elements of the bill missing or concealed from members of the committee. McCain wondered, “When are we going to have cost estimates? This is the most incredible markup I’ve ever been in my entire time at the United States Senate.” The partial draft of the bill is estimated to reduce the number of insured by a mere 16 million and leaves out major initiatives that could push up the cost another $1 trillion or more.
We’re so screwed.
Costs don’t matter to these people. “Feel good” matters-that way they can say they TRIED to help.
Meanwhile, markup of the Obama/Kennedy bill was complicated because the [committee leadership] decided to start with major elements of the bill missing or concealed from members of the committee.It’s the Kennedy and Obama way alright hide the facts.
See my tag line I 've been using for a while.
Leni
yən/ n] noun, plural -lions, (as after a numeral) -lion, adjective
Hey, now you can admire my own new tag line! (freshly minted only a couple of days ago).
I remember when BILLION was news- now we are talking TRILLION(S!!)
My children will hear QUADRILLIONS
Obummer is great inspiration for quadrillions of freshly-minted tag lines!
Leni
1,000,067,088,384,000 One quadrillion, sixty-seven billion, eighty-eight million, three hundred and eighty-four thousand Pennies [ One cube measuring 2,730 x 2,730 x 2,730 feet ] Here we have the buildings we used for scale back at a trillion, but they're now a bit dwarfed by our new cube of pennies. This is a quadrillion, or a thousand times one trillion. This cube is roughly a half-mile wide and would weigh an astonishing three billion tons. Okay, now for our final big number - one quintillion. value $10,000,670,883,840.00 (Ten trillion, six hundred seventy million, eight hundred eighty-three thousand, eight hundred and forty dollars and zero cents) width 2,730 feet height 2,730 feet thickness 2,730 feet total weight 3,125,000,000 tons height stacked 986,426,768 Miles area (laid flat) 89,675,161 acres
New tag line.
Too many zeros in the budget. And the White House.
In this case, reality is more bizarre than the spoof.
Does the Pile of Rocks on that note refer to the phrase “Dumber than a....”
Yes. 44.
-PJ
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