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Senate Minority Leader Mitch McConnell (R-Ky.) is fed up with Congress' overspending efforts to stimulate the economy and he's come up with a neat way to express it: Over the past 50 days, Congress has spent $1 billion per hour.

"In just 50 days, Congress has voted to spend about $1.2 trillion between the Stimulus and the Omnibus," McConnell says. "To put that in perspective, that's about $24 billion a day, or about $1 billion an hour-most of it borrowed. There's simply no question: government spending has spun out of control."

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Congress spends $1 billion an hour originally appeared on BloggingStocks on Wed, 11 Mar 2009 16:30:00 EST. Please see our terms for use of feeds.

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