8 Things that cost the same as the sequester

Wed, 2013-02-27 19:53 | Budget | Noelle Clemente
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1. The Cost to bailout AIG

2. 17% of what Americans spent on gas in 2012

3. $10 billion less than Americans spent on beer in 2011

4. The Defense Budget in 1975 

5. Twice the amount spent on the Beijing Olympics

6. The total cost of improper payments from Medicare every two years.

7. 13% of what Americans spent on groceries last year

8. One-one hundred thousandth of the cost of building the Death Star (according to OMB calculations)

Sources

  1. "U.S. to Take Over AIG in $85 Billion Bailout; Central Banks Inject Cash as Credit Dries Up," Wall Street Journal
  2. "Gas prices jumped 12 cents a gallon in the past week," Fort Worth Star-Telegram
  3. BrewersAssociation.org
  4. http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/hist04z1.xls
  5. "China Counts the Cost of Hosting the Olympics," Wall Street Journal
  6. 2013 High Risk Report, Government Accountability Office
  7. Food Expenditures, USDA
  8. https://petitions.whitehouse.gov/response/isnt-petition-response-youre-looking