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In this quote, Mitch McConnell is trying to illustrate just how enormous a sum of money $1 trillion is. By comparing it to spending $1 million every single day since the birth of Jesus, and noting that even that massive daily spending still wouldn’t amount to $1 trillion, McConnell is putting the huge size of a trillion dollar figure into more relatable perspective.
His point seems to be that spending on the scale of trillions of dollars, as occurs with government budgets and programs, is difficult for people to truly conceive. So McConnell is using this analogy as a dramatic way to emphasize to his audience just how vast an amount of money a trillion dollars represents in real terms.