What is 0.7% of the Gross National Product?

[tangent4ronpaul]

apparently it's 845 Billion dollars, that we will be paying on top of the 300 Billion we currently spend on foreign aid if Obama's bill passes today.

Can you say tax increase?

You can help stop this! see:

http://www.ronpaulforums.com/showthread.php?t=128218

-n

[bbartlog]

Your math is off. That sounds like 7% of annual GDP, not 0.7% (GDP is approximately $12 trillion I guess). Maybe if we spent that much over ten years we could say it was 0.7% of GDP.

[tangent4ronpaul]

was quoting the e-mail I got, but thanks!

it's still a hell of a lot of our money for the gvmt to give away!

-n

[tangent4ronpaul]

OK, if my math is correct and so is yours:

(100 / (07 Fed Budget) 2,680 Billion) * 84.5 Billion = 3.18% of the federal budget that Obama wants to give away.

Now where is that money going to come from?

-n

[Edu]

But... He can introduce that bill now. Where he is.

He can also CHANGE his underwear right at home!

So why does he need to be POTUS ?