John Cole in Balloon Juice writes IOUSA:
"The total national debt, as I write this, is $9,679,000,000,000.00 (nine and a half trillion).
The Budget for 2008 is close to $3,000,000,000,000.00 (three trillion).
Our budget deficit for this year is going to range in between $400-500,000,000,000.00 (four hundred to five hundred billion, give or take a few billion).
The total value of wasteful earmarks in 2008 (according to CAGW) will be approximately $18,000,000,000.00 (eighteen billion).
In other words, when McCain talks about earmarks, he is talking about 3% of our annual budget deficit, .6% of our annual budget, and a number too small to even report when discussing our national debt. Or, put another way, he is talking about two months in Iraq, something he wants to keep going indefinitely.
Not only are they lying about Palin’s involvements with earmarks, they are just not being serious about the horrible economic problems we face. These are not serious people."
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