Debbie Wasserman Schultz: “And trillion with a T. When I am home and you all are home, we talk to our constituents, and they ask me, sometimes they…”

“And trillion with a T. When I am home and you all are home, we talk to our constituents, and they ask me, sometimes they ask me questions that makes it clear that it is hard for anyone to get their mind around what a billion is. So we spent some time, we did some research to try to help put what a billion is in terms that people can understand better. So let us just translate it into some things that maybe people can think about, you know, more in the way they deal with things on a day- to-day basis. A billion. How much is a billion dollars? Well, a billion hours ago, humans were making their first tools in the stone age. That was if we were talking about what happened a billion hours ago. If you are going on to a billion seconds ago, let us start with seconds, a billion seconds ago, it was 1975, and we had just pulled the last troops from America out of Vietnam. That was a billion seconds ago. Let us try to break it down a little bit more. A billion minutes ago, it was A.D. 104, and the Chinese first invented paper. Well, so now let us talk about what a billion dollars ago was. Under this administration, a billion dollars ago was only 3 hours and 32 minutes at the rate that our government spends money. A.D. 104, 1975, the stone age, and 3 hours and 32 minutes ago.”