Page 5 - 111 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

International trade, especially countries where the government and large companies are all part of the same team. take for example china the most notorious players, the government of china will lavish subsidies to make their products more competitive in the global marketplace. it's not just subsidies, last year china's government gave its domestic companies, $111 billion to help them sell their various products overseas. china is just one example. japan's company has $33 billion. south korea $24 billion. by contrast the u.s. total was just 15 billion. this creates a very u.n. even playing fiel...

Right. >> we have to pass the bill. >> you can find out what is in it. >> neil: turns out a lot of stuff was in it. lots of surprises including this latest one, a $63 charge for every worker for every company to cover every person with a preexisting condition. that is 190 million workers at cost of $25 billion over three years. that is just the latest. remember the payroll tax hike and higher taxes on investment income? the financial hit, $317 billion. cadillac tax on high cost insurance plans, another $111 billion for that one. a mandate that employers provide health care or pay a fee, tax on...

Point and applying it to others in effect. the $111 billion, that was a change that resulted in significant savings, it is $20 billion less expensive than originally planned. >> glenn kessler, real modern day abe lincoln, most honest guy in america. thanks for being on the show. >> my pleasure. today's tweet of the day from reuters correspondent, sam youngman. after hitting so many bowling alleys with santorum, first movie i watched when i got home, kingpin. [ gong ] strawberry banana! [ male announcer ] for a smoothie with real fruit plus veggie nutrition new v8 v-fusion smoothie. could've ...

everyone. this is "early start." i'm ashleigh banfield. r >> i>> i'm r >> i>> i' zoraida sa. it p it is 5:00 a.m. in th. let's get started. there athere are new satellite showip showishowing irantr site. thp this this is the same asked barbara starr will update the story for us. >> get out your best sunglasses because that, while pretty, ain't great. it's a solar storm and it's actually slamming us here on earth right now. the pictures are terrific, but you know what, this could affect your satellite, maybe your tv. not sure if the power grids are going to get zapped by this either. ...

Just like we had after the 2010 election and people saying it's great that both sides are coming together, but it seems that both sides come when it puts us deep for debt. in this case both sides come together on this payroll tax cut when it's going to actually cutoff a stream of revenue to a social security program that faces challenges. >> it will. i'm a former tax lawyer. that's what i did for a living. i warned my republican colleagues as well over a year ago not to do this in the first place. don't go with this payroll tax cut. simply this year, it cutoff $111 billion out of the social se...