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Tipsheet

The Debt Clock Officially Starts

The Debt Clock Officially Starts
One of the GOP's 2012 convention gimmicks is to show just how much the federal government's profligate spending explodes in the course of only a few days. To highlight this, they've got their own version of a debt clock that will track how much federal debt is added during the GOP convention.
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Republican National Committee Chairman Reince Priebus officially gaveled in the Republican convention's beginning at 2 p.m. EDT today. He spoke for less than one minute - and when Chairman Priebus gaveled Monday's session to a close, the clock had already hit over $2 million.

The Republicans mean to highlight just how fast debt is being added - and it will be a hefty price over a mere four days of the convention.

Of course, the GOP has their own version of a debt clock, sitting now at just under $16 trillion. It may pass that mark in the next four days.

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