One hundred million dollars! President Obama announced today that he was asking his Cabinet to shave One hundred million dollars off the US Budget. Sounds like a lot, right? The budget is what, Seven Trillion so far this year in stimulus and operating expense? Make it simple - of just one Trillion, one hundred million is one one-hundredth of one percent. To put that in perspective if you went to the grocery store and spent one hundred dollars, you would save a penny at checkout. And that would just be against one trillion, not the whole budget. And it works out to about 33 cents for every man woman and child in the country*.
*Based on a population estimate of 300 million.