The state spends $4,373 every second based on the 2014-15 budget, which took effect Tuesday, according to the Empire Center, a fiscally conservative think tank. The group’s Spend-O-Meter is calibrated to the state Senate’s estimate that New York will spend $137.9 billion between now and March 31, 2015.
This was the total as of 11:35 a.m. today:
These are some other measures:
$262,367 per minute
$15,742,009 per hour
$377,808,219 per day
$2,651,923,077 per week
$11,491,666,667 per month
“New York state government will spend $16.7 million more per day under the newly enacted budget than it did just 5 years ago,” E.J. McMahon, president of the Empire Center, said in a statement. “Our Spend-O-Meter is just one way to put the massive New York state budget in perspective.”
The $137.9 billion spending total excludes extraordinary federal budget grants for Superstorm Sandy relief aid and implementation of the Affordable Care Act, according to McMahon.