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Keyword: trillions

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  • Stuart Varney: Trump Has Already Made 'America $4 Trillion Richer’ in Just 6 Months

    07/22/2017 6:45:43 AM PDT · by Enlightened1 · 29 replies
    IPJ ^ | 07/22/17 | Julio Rosas
    In an op-ed on his Fox Business show Thursday, host Stuart Varney made the case of how President Donald Trump has made the U.S. richer while only being in office for six months. Despite the negative media coverage, Varney says investors look forward to what the current administration can continue to do: Look at this: Since his election win, the Trump rally has added $4.1 trillion to the nation's wealth. Anyone with a 401k, an IRA, college savings, retirement savings, mutual funds. Anyone with a dime in the market has taken a piece of that $4 trillion. Also, during this presidency, five American...
  • Trump: I Don’t Want To Spend Trillions In The Middle East, I’d Rather Fix Roads Here

    07/16/2017 5:48:14 AM PDT · by Enlightened1 · 27 replies
    The Daily Caller ^ | 07/13/17 | Alex Pfeiffer
    President Donald Trump continued his non-interventionist rhetoric from the campaign trail in an interview that aired Thursday on the Christian Broadcasting Network. “We have to rebuild our country. Our roads, our bridges, our tunnels, our schools,” Trump told Pat Robertson. “We will have in another few months, have spent $7 trillion in the Middle East. Seven Trillion.” This number President Trump is using falls in line with the high end of expenditure studies. A Brown University study said: “By 2053, interest costs will be at least $7.9 trillion unless the U.S. changes the way it pays for the wars.” Trump...
  • REPORT: $12.7 Trillion Needed To Meet Paris Climate Accord’s Goal

    06/15/2017 11:38:05 AM PDT · by ForYourChildren · 43 replies
    The Daily Caller ^ | 06/15/2017 | Michael Bastasch
    A whopping $7.4 trillion will be spent globally on new green energy facilities in the coming decades, but another $5.3 trillion is needed to meet the goals of the Paris climate accord, according to a new report. Bloomberg New Energy Finance (BNEF) is out with a new long-term energy outlook report, this time projecting a total of $12.7 trillion to keep projected global warming below 2 degrees Celsius by the end of the century — a goal of the Paris accord. BNEF projects $7.4 trillion will be invested in new green energy capacity by 2040, and that global carbon dioxide...
  • The Universe Contains 10 to 20 Times More Galaxies Than We Thought

    10/15/2016 2:43:17 PM PDT · by LibWhacker · 78 replies
    Popular Mechanics ^ | 10/13/16 | Jay Bennett
    A new study from a team of international astronomers, led by astrophysicists from the University of Nottingham with support from the Royal Astronomical Society (RAS), has produced some astounding results: The universe contains at least two trillion galaxies, 10 times more than the highest previous estimates. What's more, the new study suggests that 90 percent of all galaxies are hidden from us, and only the remaining 10 percent can be seen at all, even with our most powerful telescopes. The paper detailing the study was published today in the Astrophysical Journal. "We are missing the vast majority of galaxies because...
  • How Much Would A Bernie Sanders Presidency Cost the Nation? Spoiler Alert: A Lot

    09/15/2015 1:11:42 PM PDT · by SeekAndFind · 14 replies
    Zero Hedge ^ | 09/15/2015 | Tyler Durden
    Earlier today in "How The GOP Establishment Hopes To Crush The Donald's Presidential Run," we explained what Trump’s remarkable poll numbers really mean:  What is most amazing is that the "expert" punditry still has not realized that a vote for Trump is not a "vote for Trump" but a vote of protest against the broken system.  If the current election cycle has taught us anything, it’s that voters may have finally woken up to the fact that a choice between alternating members of America’s political aristocracy is really no choice at all, and when you throw in the influence...
  • Did China or Jihadists try to bankrupt America?

    03/01/2011 3:12:04 PM PST · by Niuhuru · 71 replies
    Daily Mail ^ | Last updated at 10:16 PM on 1st March 2011 | Daily Mail Reporter
    Full Title: "Did China or Jihadists try to bankrupt America? Pentagon report reveals financial terrorists may have triggered economic crash" Terrorists and other 'financial enemies' were likely responsible for the near collapse of the U.S. financial system in 2008, a new Pentagon report has concluded. The 2009 report, Economic Warfare: Risks and Responses, said financial terrorism by Jihadists or countries such as China may have cost the global economy $50 trillion in a series of co-ordinated strikes against the U.S. economy. In an astonishing conclusion, the report claims two unidentified traders deliberately devalued trillions of dollars' worth of stocks at...
  • Obamas welcome 2015 with $295-a-head dinner at Hawaii’s most acclaimed restaurant where caviar...

    01/02/2015 11:07:20 AM PST · by PROCON · 51 replies
    dailymail.co.uk ^ | Jan. 2, 2015 | Francesca Chambers
    President Barack Obama and First Lady Michelle Obama broke off from teenage daughters Sasha and Malia for a night out At the Honolulu, Hawaii, restaurant a 13-15 course, prix fixe meal costs a cool $295 a person and wine pairings add another $130 a head The total tab often nears $1,000 after taxes and tip Paintings that decorate the extravagant 32-seat restaurant are valued at more than $10 million a piece The president and first lady treated themselves to a five star dinner on New Year's Day at renowned Honolulu, Hawaii, restaurant Vintage Cave, where a 15 course, prix fixe...
  • Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama

    Tyler Durden 12/01/2014 Last week, total US debt was a meager $17,963,753,617,957.26. Two days later, as updated today, on Black Friday, total outstanding US public debt just hit a new historic level which probably would be better associated with a red color: as of the last work day of November, total US public debt just surpassed $18 trillion for the first time, or $18,005,549,328,561.45 to be precise, of which debt held by the public rose to $12,922,681,725,432.94, an increase of $32 billion in one day.(snip)
  • Obamacare: Taxpayers in the Hole for $1.5 Trillion

    03/27/2014 10:18:04 AM PDT · by Star Traveler · 18 replies
    The Fiscal Times ^ | Thursday, March 27, 2014 | Edward Morrissey
    “What the hell is this, a joke?” Speaker of the House John Boehner said in reaction to news this week that yet another “deadline” in the Affordable Care Act had been unilaterally delayed by the Obama administration. Unfortunately, the answer to that question is yes, and it’s becoming increasingly clear that the joke is on the American taxpayer. Late Tuesday, the Department of Health and Human Services – which has taken to bragging about “enrollment” numbers that fall millions short of their original goals – announced that the March 31st deadline for open enrollment had become more of a guideline....
  • The 10 Most Outrageous Government Boondoggles I Ever Saw

    02/09/2014 9:37:31 AM PST · by TurboZamboni · 5 replies
    politico ^ | 2-5-14 | TOM COBURN
    The Pentagon’s “Did Jesus die for Klingons too?” symposium In 2012, we issued a report titled “Department of Everything” that showed how the Department of Defense could make cuts in “non-defense” spending – spending in DOD that has nothing to do with our national defense, which we’ve estimated totals almost $68 billion. In the report, we highlighted surprising spending on beef jerky and a smartphone add to gauge caffeine intake. Our eyebrows were also raised by a strategy planning workshop for which nearly $100,000 was allocated. One of the sessions at the symposium explored the relationship between Jesus and Klingons,...
  • Debt Up $6.666.... Trillion Under Obama

    02/04/2014 5:56:07 PM PST · by MeshugeMikey · 23 replies
    CNS news ^ | February 4, 2014, | Ali Meyer
    The debt of the U.S. government has increased $6.666 trillion since President Barack Obama took office on Jan. 20, 2009, according to the latest numbers released by the Treasury Department.
  • Who Read 1,582-Page $1.1T Spending Bill? Congressman: ‘Nobody Did’

    01/17/2014 12:34:32 PM PST · by Olog-hai · 8 replies
    Cybercast News Service ^ | January 16, 2014 - 5:20 PM | Barbara Boland
    When asked whether he read the 1,528-page, $1.1 trillion government spending bill before he voted for it yesterday, Rep. Earl Blumenauer (D-Ore.) said, “Nobody did!” […] In an e-mail to CNSNews.com, Blumenauer’s communications director, Patrick Malone, said: “A reminder that the Republicans complained and complained about not having time to read bills when the Dems were in charge and then keep dropping bombs like this on us.” …
  • $17 Trillion U.S. National Debt? Try $211 Trillion!

    09/23/2013 12:17:25 PM PDT · by Zakeet · 29 replies
    Zero Hedge ^ | September 23, 2013
    ... When Standard & Poor's reduced the U.S.’s credit rating from AAA to AA-plus, it was the first time the U.S. ever suffered a downgrade to its credit rating. The S&P took this action despite the plan Congress passed last week to raise the debt limit. The downgrade, S&P said, "reflects our opinion that the fiscal consolidation plan that Congress and the administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics." It's those medium- and long-term debt problems that also worry economics professor Laurence J. Kotlikoff, who served...
  • Treasury: Debt Has Been Exactly $16,699,396,000,000.00 for 56 Days

    07/15/2013 5:50:09 PM PDT · by dynachrome · 40 replies
    cnsnews.com ^ | 7-15-13 | CNS News
    According to the Daily Treasury Statement for July 12, which the U.S. Treasury released this afternoon, the federal debt that is currently subject to a legal limit of $16,699,421,095,673.60 has stood at exactly $16,699,396,000,000.00 for 56 straight days. That means that for 56 straight days the federal debt has remained approximately $25 million below the legal limit. Even though the portion of the federal debt that is subject to a legal limit has not changed in almost two months, the Treasury has continued to sell bills, notes and bonds at a value that exceeds the value of the bills, notes...
  • CNBC Exec’s Children Murdered, 1 Day After CNBC Reports $43 Trillion Bankster Lawsuit

    10/27/2012 10:47:23 AM PDT · by opentalk · 73 replies
    Intel Hub ^ | October 26, 2012 | JG Vibes
    This week financial news organization CNBC gave some mainstream attention to the largest money laundering and racketeering lawsuit in United States History, in which “Banksters” and their U.S. racketeering partners are being accused of laundering of 43 trillion dollars worth of ill gotten gains. The lawsuit is said to involve officials located in the highest offices of government and the financial sector. Since this information was surprisingly revealed by the mainstream news organization there has been a very suspicious and deadly fallout at the CNBC headquarters. Within hours the original page for the article was taken down, and CNBC senior...
  • Heritage: Amnestied Illegals Will Get $9.4T in Benefits; Increase Debt $6.3T

    05/06/2013 7:52:45 PM PDT · by Olog-hai · 10 replies
    Cybercast News Service ^ | May 6, 2013 | Elizabeth Harrington
    Granting amnesty to illegal immigrants would cost $6.3 trillion, according to a new report by the Heritage Foundation. … Not only would the federal deficit increase, but the cost of benefits and services to millions of newly minted citizens would reach nearly $10 trillion. …
  • Democratic Rep: Debt-ceiling blank check is like Emancipation Proclamation

    01/05/2013 5:21:10 PM PST · by TurboZamboni · 51 replies
    daily callr ^ | 1-5-13 | Nicholas Ballasy
    Democratic Illinois Rep. Danny K. Davis told The Daily Caller that President Obama should have the power to raise the nation’s debt ceiling without congressional approval, citing the example of President Abraham Lincoln issuing the Emancipation Proclamation as a good use of presidential authority. “Sometimes when we’ve gotten great answers is when presidents have had enough authority to take some actions,” Davis told TheDC on Capitol Hill Friday. “I mean, remember that we just celebrate the 150th anniversary of the Emancipation Proclamation, and if Abraham Lincoln had not had the power, authority and the will to make that decision, we...
  • The Unstoppable March Toward National Bankruptcy: Who's To Blame?

    10/12/2012 5:33:16 AM PDT · by SeekAndFind · 14 replies
    Forbes ^ | 10/12/2012 | Dr. Mark Hendrickson, Grove City College
    The opening line of the Beatles’ iconic “Sergeant Pepper’s” album is echoing in my thought: “It was 20 years ago today…” Well, not quite to the day, but 20 years ago I published an article titled, “$4 Trillion and Counting.” In it, I despaired at the rapid increase in the national debt from its first-ever crossing of the $1 trillion mark during the Reagan presidency to four times that gargantuan amount in only a decade. Today, a mere two decades later, we have quadrupled the national debt again, to $16 trillion. (That figure represents the official national debt, but if...
  • Obama's Epic Deficit Failure

    08/23/2012 5:29:25 AM PDT · by IBD editorial writer · 7 replies
    Investor's Business Daily ^ | 08/22/2012 | IBD Staff
    Spending: Remember when President Obama promised he'd cut the deficit in half in his first term? Well, the results are in, and red ink will once again top $1 trillion. Calling this an epic failure isn't enough. In his first budget message to the country, Obama promised to make the "tough choices necessary to restore fiscal discipline, cut the deficit in half by the end of my first term in office, and put our nation on sound fiscal footing." His plan projected a deficit of $557 billion this year, and $512 billion next year. On Wednesday, the Congressional Budget Office...
  • Analysts project $1.1 trillion federal deficit

    08/22/2012 9:42:05 AM PDT · by John W · 6 replies
    WASHINGTON – Congress’ nonpartisan budget analysts are projecting a $1.1 trillion federal deficit for 2012, the fourth straight year the government’s shortfall will exceed $1 trillion. The Congressional Budget Office also says it expects the economy to continue recovering at only a modest rate the rest of this year, growing at a modest annual rate of 2.25 percent.