Balaji(@balajis):The US federal budget is $7 trillion. There are 535 in the Senate and Congress. They collectively allocate that money. Specifically: 7000/535 = 13 billion per official. Which means AOC is a political billionaire. She allocates far more than any market billionaire. Indeed she allocates ten billion liquid, per year. A market billionaire has one billion, illiquid, per life. So: AOC spends 10-100X what a market billionaire has. It's not even close. She's right about one thing, though. AOC didn't earn the tens of billions she spends. The state taxed that money, by force.

2026.05.08 09:52

The US federal budget is $7 trillion. There are 535 in the Senate and Congress. They collectively allocate that money. Specifically: 7000/535 = 13 billion per official. Which means AOC is a political billionaire. She allocates far more than any market billionaire. Indeed she allocates ten billion liquid, per year. A market billionaire has one billion, illiquid, per life. So: AOC spends 10-100X what a market billionaire has. It's not even close. She's right about one thing, though. AOC didn't earn the tens of billions she spends. The state taxed that money, by force.

Breitbart News@BreitbartNews

2026.05.07 15:35

Alexandria Ocasio-Cortez: You can't earn a billion dollars. Ilana Glazer: That's right. AOC: You just can't earn that. Glazer: That's exactly correct. AOC: You can get market power. You can break rules. You can do all sorts of things. You can abuse labor laws. Glazer: Yup. AOC: You can pay people less than what they're worth. Glazer: Yup. AOC: But you can't earn that, right? Glazer: That's right. AOC: And so you have to create a myth that -- since you didn't earn that, you have to create a myth of earning it.