Page 6 - 154 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What does it all mean? jenna lee is live at the fox business desk where all of the breaking news comes in on business. hi jenna. >> reporter: yes, for the economy we spent more and actually made more. that's good for us and good for the general growth as well. but we also saved a lot more. in fact our savings rate is at an eight-month high right now, which means that we put away in the mon of may $154 billion, all of us, that's what we actually saved in one month, but we are spending some of the money that we have, and that is a good thing, because remember, consumer spending makes up about 70...

Representatives passed $154 billion job bill. the senate took that and instead of passing the same one, they couldn't get that through, they broke it into pieces. so week by week by week by week they're putting through more of these jobs bills. the first one had unemployment insurance in it, or maybe the first one had business tax credits and the seconds had unemployment insurance and they're getting republicans on them, scott brown included. these folks are looking at jobs bills and saying i can't vote to filibuster that. you're breaking the filibusters and getting them through. they're going...

She may have something to say about charlie rangel as well as how the house plans to proceed with health care reform. we'll keep an eye and ear on that and bring you any news out of the weekly briefing from the house speaker. and house democrats are pushing for a vote today on that $15 billion jobs bill. this after they negotiated with members of the congressional black caucus who are concerned that the bill does not go far enough to solve the nearly 17% jobless rate for african-americans. nbc's luke russert is on capitol hill. so luke, how would there be differences with what african-americ...

Warning, so republicans recognize that as long as they go down there, participate with their own ideas, object to what they think is objectionable, then politically they could, perhaps, minimize some of the risk. poll after poll shows the american public is now in opposition for the majority, to the democrats' plan, but they don't want republicans to just advance nothing but opposition without with alternatives of their own. jon: democrats did have a victory last night, they got that jobs bill passed through the senate. so what happens now? >> reporter: well, it was a $15 billion jobs package,...

Economic. we right now can build wind farms. i'm on the board of a company building a solar nuclear plant bigger than any nuke plant in this country. building it for $3 million a gig watt. that's about a third the price that you can build one of these and it is still expensive compared to wind, compared to biomass, compared to geothermal which are a tiny fraction. we can get them online right away. what i say is, let's have free market capitalism in this country. let's not have socialism for these big corporations who are getti getting $154 billion they are planning to give to an industry that...