>>Looks like that would be 90 billion dollars.
Some have put the tab for this bill at $845 billion.
http://www.freerepublic.com/focus/f-news/1974711/posts<<
Well.... since I looked up the GDP on a government web site and then used the Google calculator and showed my work, I am reasonably comfortable that whomever did the calculations in the other thread is by a factor of 10.
To do a rough estimate ... suppose the GDP is an even 13 trillion. 10% would be 1.3 trillion. 1% would be 130 billion so 7/10 of 1% would be less than 100 billion.
The google calculator will also do the math in terms of percent
13 * (10^12) * (.7%) = 91 000 000 000
and even words
.7% of 13 trillion = 91 000 000 000
.7% of 13 trillion = 91 000 000 000
Per the CIA Factbook for 2007 (https://www.cia.gov/library/publications/the-world-factbook/print/us.html)
US GDP = $13.86 Trillion
multiply by .007 = $97,020,000,000
multiply by 13 years = $1,261,260,000,000,000