A billion here, a billion there, and pretty soon you’re talking real money.

With all of the talk of big numbers in the budget and the bailout, it can be tough to maintain a sense of scale. Though the difference between a thousand and a million is very clear to me, the difference between a billion and a trillion is tough to grasp. Here’s an illustration of the …

Republicans are getting burned on the mag lev talking point.

I’m loving this myth that the stimulus bill contains $1B for a mag lev train from Las Vegas to Los Angeles. Republicans have kept parroting this talking point long after the media caught on that it’s not true, leading to embarrassing spectacles like this exchange with Rep. Mary Bono (R-CA): While a social moderate, Sonny …