seconds: Million 0.0328 years; Billion 31.7 years; Trillion 31,710 years
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Tuesday, August 4, 2009
NBC, CBS Skip Study on Massive New Obama Spending
Of the three network morning shows, only ABC highlighted a new study by the Heritage Foundation that reported how the federal government's massive spending will average almost $34,000 per household in 2009, up $8000 from last year. On Monday, Good Morning America news anchor Chris Cuomo also appeared amazed at wasteful, bureaucratic errors: "Seventy two billion dollars spent by our government to the wrong people in either double payments or mispayments."
He marveled, "Can you believe that? It’s true." NBC’s Today and CBS’s Early Show have, thus far, not reported on the Heritage study. The report explained, "The 2009 version of ‘Federal Spending by the Numbers’ shows spending and deficits surging at a pace not seen since World War II."
Click on the picture for the entire article from NewsBusters By Scott Whitlock (Bio Archive)August 3, 2009 - 16:24 ET
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