Page 8 - 660 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That. what are you getting for that? in a survey it showed infrastructure was one of the best scores for this administration. 48 to 43 favored it. that's the reason why you go to kansas city. the money is another thing. 1.2 trillion was involved in that bill. but you had 660 billion that was going to be spent on the highway trust fund. it's renewed every five years going back to the 50s. the other 550 billion is not going to be spend for another nine years after the mid-terms. we'll have close to five elections between now and then. you wonder what the impact is. one other observation. i don't...

Have $660 billion in bills to pay, but only $401 billion on hand to pay them. if the u.s. paid the interest on treasury securities, federal salaries, social security benefits, et cetera, it could end up leaving unemployment insurance, military retirement benefits, pandemic relief for state and local governments unpaid. and to put a finer point on the hell that awaits us, if october 15th is indeese the day borrowing authority runs out, the u.s. government could have only $27 billion to pay $43 billion in bills due that day. the full faith and credit of the united states to fulfill its financial...

Been galloping had in recent years to an estimated $250 billion globally in 2019. and yet continuing investment in coal oil and gas van to nearly $80 billion in 2019. governments contributed to that funding, bumping up to $250 billion into renewables every year. but still they dig deeper for fossil fuels with subsidies and g20 countries alone totalling $660 billion on average every year. those are the figures. those are the figures. well let's bring in bronwen tucker, analyst at oil change international in edmonton, canada and gauri singh, deputy director general of the international renewable...

Your listeners could understand that. the g20 countries spent over $660 billion to subsidise the fossil fuel industry, and this industry is generating 86% of greenhouse gases. as of 2019, this isjust generating 86% of greenhouse gases. as of 2019, this is just only a few years after the paris agreement, which means that they are not actually meeting their obligations. 0n the issue of renewable energy now, there is over 330 billion being spent on renewable energy, alone. i mean, this is crazy. and then the fund that has been set up and agreed, underthe fund that has been set up and agreed, unde...

To the wheel in glasgow. so, this is utterly self—defeating. we really ought to be — we ought to deliver on the promises and vaccines are up there as a very conspicuous promise. there is a whole queue of other promises behind them. joe biden said america would be the arsenal of vaccination. does he not want to spend the money? he is investing hugely within the us. isn't there an opportunity, given the imf director said there would be trillions in extra global economic benefit, if only the countries that have the money were spending it in a very short period of time to get the vaccine out t...