Spending Clock

This is another reason that Mark Sanford is one of my heroes:

Gov. Mark Sanford will unveil a “spending clock” Monday, showing residents how quickly their money is being spent as the Senate prepares to debate its budget next week.

The clock will be set up on the first floor of the State House outside the governor’s offices.

Last night the legislature passed a $20.2 billion budget for the 2008 fiscal year. Let’s break this down for Georgia.

That $20.2 billion works out to be…
- $55,342,465.75 per day
- $2,305,936.07 per hour
- $39,432.27 per minute

The Georgia General Assembly spends almost as much per minute than the average median household income of it’s citizens, which is $42,433.

In the time it took me to write this post…the State of Georgia spent $394,322.70.

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