Some Perspective on $700 Billion

Amanda Carpenter | October 01, 2008 9:55 PM

Do you wanna know how much $700 billion is?

A hundred billion shy of all our war spending in Iraq, Afghanistan and elsewhere around the world over the last five years.

That's what the CBO says.

We've spent $800 billion fighting terror and protecting our nation since 2003. And the Senate's giving away $700 billion to an undeserving financial sector in a single evening.

This is Smoot-Hawley redux.