Days after our report on a recent study putting New York as the state that increased its taxes the most per person since the recession began, there's now this - a clock showing just how much the state is spending every day, every hour, every minute, every second. Our Steve Ference reports.

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ALBANY, N.Y. -- Remember this second - right now. OK, got it? Now we'll continue with our story.

According to the $pend-o-meter created by the Empire Center for New York State Policy, this is how much of your tax money the state has spent since midnight on April 1st.

Marcia Mastroianni took a look and said, "It boggles my mind. It does. Boggles my mind,"

Jim Corbett said, "It's very difficult to live in New York, especially if you have to put your kids through school and college."

E.J. McMahon, Director of the Empire Center, said, "One thing you can take from this is that the state budget is really big. So large, it's tough to get a grasp on it."

According McMahon, the calculation comes from the Division of Budget's figure of $136.5 billion in "all funds" spending, and uses your computer's clock to calculate the spending total as if it were spread out evenly over time.

McMahon said, "The state budget during the really severe financial crisis, through the worst economic, has risen about 8 percent in the last three years."

To put it in perspective, it works out to $4,328 being spent by your state every second, $259,703 every minute, $15,582,192 per hour, $373,972,603 per day, $2,625,000,000 per week, and $10,983,333,333 per month.

Lisa Juliano took a look at the numbers and said, "Is that ten billion I'm seeing per month? Almost $11 billion a month? Yeah. That's obviously excessive and it needs to be taken care of something has to be done."

McMahon also will tell you that if watching the clock is disconcerting, think about this - the amount of spending in one hour is more than what 200 average families make in a year.

"At some point we've got to begin slowing down and stop the speeding up of spending," said McMahon.

Now, remember when this story started - more than a minute and a half ago? The state had spent $37,191,516,112.82, according to the $pend-o-meter. But since then, in just the time it took to bring you these interviews and tell this story, the state has spent about $484,300, which is now half a million bucks, as the clock keeps ticking.

To check out the clock for yourself, visit EmpireCenter.org.