Page 2 - 720 Billion News Today

Supply that way. now we know that at least when it comes to these plastic tea bags, were ingesting a great deal directly or those the reports say more research has to be done to determine what that might be doing to our health, shep. >> shepard: a new u.n. report says were at a dangerous point on climate change. >> yeah, the report released this week says waters are rising, ice is melting and that has made youre implications for every species on the planet including humans according to the repor...

Cyber capabilities. eric: testifying before the senate about chinas military capabilities and strength. despite so much talk in washington about the threat with the border wall funding while much of the nearly $720 billion the pentagon is asking for in 2020 budget, well, that spotlights chinas growing threat to national security. just how big is it? dr. rebecca grant joins us, dr. grant, how much of a danger does china pose to the united states now and in the future? >> china is not our friend a...

Discretionary spending. the democrats likely want to go with it. the proposal planted balance the budget by 2034. it also makes a new requirement for welfare, so people who use public housing or food stamps left to put in hours and at her job, job training, or community service. the big ticket at an all this is defense. after the president was thinking about reducing military spending, the $700 billion from current levels just under $720 billion, he was talking to increasing it to just $750 bill...

The highest rate which is 37% on everything earned beyond $500,000. that gets taxed at 37%. her plan is not fully flushed out, but as proposed, it would add a new bracket for all income above $10 million a year. if you earn $10 million, only whats above would be taxeda the that 70% rate. that could generate $720 billion over the next decade. this is not enough money to foot the bill for medicare for all which has the bill for trillions, but could fund free college tuition or universal pre-k. man...

On your first $9,525 of annual income. anything above that up until $38,700 gets taxed at 12%. in the next tax bracket, up to $82,000 and so on until you reach the highest tax bracket after you make $500,000 and you pay 37%. all right. everything earned beyond half a million dollars gets taxed at that rate. ocasio-cortezs plan is not fully fleshed out, but as proposed, it would add a new tax bracket for all income above $10 million a year. if you earn $10 million, only the $500 would then be tax...

Carbon footprint in this country is innovation. the technological sector has created smart thermostats and market forces have created the incentive to buy them. we have created market forces that have made natural gas, clean burning natural gas ubiquitous because of technology like hydraulic fracturing. >> does government investment have anything to do with that? >> a little bit. but what alexandria owe cass kwloe cortez is talking about is a small amount of time. the ten millionth dollar is abo...

Get online. a lot of the shopping, kaylee, started yesterday. a adobe says $3.5 billion was spent yesterday on thanksgiving. im talking about online. a lot of people on the phone while eating dinner. cyber monday is another big day. $7.8 billion expected to be spent on that day. the national retail federation, you look at november and december, $720 billion expected to be spent on holiday shopping. you know, that includes online and in stores. kaylee. >> thank you, alison. im a cyber monday shop...

$3.7 billion was spent, and i am talking about thanksgiving day while people are eating turking and on their phones shopping, and by black friday, $6 billion expected to be spent. what are they spending on? they are buying drones, and laptops, and electronics are a big draw for holiday shoppers this year. what else is drawing shoppers? game consoles. anything gaming people want. the big game this year, its call of duty, black ops. the national retail federation expect november and december, we w...

They are expecting you will see consumers spent anywhere from 717 to $720 billion on holiday shopping. and there is just a lot of consumer confidence out there. unemployment is low. so thats revving consumers up to spend during this holiday season. >> a lot of enthusiasm as we can see behind you. it kind of makes me break out in hives. >> reporter: what can i pick up for you? >> whatever you see this you think id like. >> reporter: i didnt mention it. these are the echo dot, the smart speakers. ...

Year, somewhere around $720 billion. we will send it back to you, wishing you a happy thanksgivin thanksgiving. >> charles: we know shoppers have been feeling good heading into the holidays, consumer confidence on pace for his best year since 2,000. will that carry over into more spending this season? let me start with you, those are some hefty numbers tracy throughout there. >> i think its going to be pretty good. gas prices are at a low and its resulting in a lot of purchases and will result i...