Sheldon Whitehouse: “There is a doctrine or a principle that is kind of a tedious economic term, ``marginal utility of money.'' What it…”

“There is a doctrine or a principle that is kind of a tedious economic term, ``marginal utility of money.'' What it means, in very plain terms, is that if you make $60,000 a year, your last thousand dollars of income is a big deal to you. That thousand dollars makes an enormous difference in the quality of your life. You take that same thousand dollars, and you give it to somebody who is making $60 billion a year, and they don't even know it is there.”