Sentences with phrase «costs by billions»

It is hoped that the new simple benefit system will cut costs by billions more pounds.
«Surveys miss majority of poisonings, underestimate cost by billions

Not exact matches

It also estimated that the loss of those workers could cost the country $ 460.3 billion in economic output over the next decade, with Medicare and Social Security contributions dropping by $ 24.6 billion.
By the time the project is completed, it will have cost an estimated $ 200 billion.
The government did pledge $ 47 billion to infrastructure spending over the next 10 years and extended the accelerated capital cost allowance for manufactures — a tax relief program for investments in new machinery and equipment — by two years, which means stock holders could get a boost if public companies are able to take advantage of this spending and savings.
Another report, published by progressive advocacy group Center for American Progress and FWD.us, found that repealing the program could cost the U.S. $ 460.3 billion in economic output over the next decade, and that contributions to entitlement programs like Medicare and Social Security could drop by $ 24.6 billion.
Reductions on this level would lower the total cost of national annual human health damages by US$ 20 billion to $ 50 billion annually.
By virtually every measure, prohibition of cannabis with high THC commonly known as marijuana and the variant with no recreational drug potential commonly known as hemp has cost the U.S. economy billions of dollars in missed business opportunities and wasted resources spent unsuccessfully fighting the so - called war on drugs.
The ITER international project in France has been plagued by cost overruns — the original 5 - billion - euro project is now budgeted at 13 billion euros (about $ 15 billion)-- and its 23,000 - ton Tokamak experimental reactor, three times heavier than the Eiffel Tower, is still many years from completion.
It said the planned restructuring measures involve job cuts and closing or integrating manufacturing bases, and would lower annual costs by 50 billion yen from the year ending March 2020.
The national average for a gallon of regular gasoline is at its lowest level in four years, giving U.S. consumers billions more to spend this holiday season, but that extra money is being offset by higher food costs, which account for a bigger chunk of most consumers» budgets.
The reduction in costs registered by consumers has been estimated at around $ 150 billion a year — roughly 1 / 10th of toal corporate profits.
The same experts found that widespread vegetarianism could cut environmental costs by $ 35 billion, as meat's role in exacerbating climate change, as well as its contribution to soil erosion, water pollution, deforestation, and biodiversity loss, is well documented.
According to an analysis of 2010 data by the Urban Institute, a nonpartisan think tank, the price tag was $ 669 million in direct hospital costs for just that year and $ 174 billion in larger societal costs, which includes disability, effects on employment, and other longer - term factors.
And in Beijing — where the Games cost an estimated US$ 40 billion — hotel bookings in August 2008 (the month China hosted) dropped by 39 % over the previous year.
But Disruptive Analysis reports that there will be 6 billion devices that support WebRTC by the end of 2019, and both startups and established businesses are using it today, because it is so easy to use — never mind the cost savings.
Furthermore, it contributes to higher labor costs, by as much as $ 3.2 billion.
Claims of a massive cost blowout for Perth's new stadium have been denied by the state government, which says the latest estimate of $ 1.6 billion simply reflects a different way of presenting the numbers.
Moynihan said last year he would make trimming costs a top priority and would shrink annual expenses by about an additional $ 5 billion by 2018.
What's more, by 2030, yearly direct medical costs for these diseases are projected to rise to more than $ 800 billion, and lost productivity costs could exceed $ 275 billion.
This represents an average savings of $ 167 per Medicare patient per year compared with patients treated by physicians not participating in MOC, amounting to a total cost reduction of approximately $ 5 billion annually.
Since 2006, it has reduced annual costs by approximately $ 15 billion, cut its workforce by 193,000 or 28 per cent, and consolidated more than 200 mail processing locations.
«Canada's media and cultural industries are being severely damaged by the tax loopholes that benefit foreign digital companies and platforms at the expense of Canadian producers and workers and that cost the federal government at least $ 1 billion in revenues,» the union wrote in a statement on its website.
Last month it announced plans to cut costs by $ 3 billion in 2017.
The RAND report estimated that if transition - related services were extended to active - duty personnel, the military's healthcare costs would increase by between $ 2.4 million and $ 8.4 million a year — at most a 0.13 % increase over the $ 6.2 billion the Defense Department spent on healthcare for active - duty personnel.
When asked about government support for the CSeries, he acknowledged that one - third of the estimated $ 3 billion in development costs would be financed through loans provided by the federal, Quebec and U.K. governments (the other two - thirds of the cost is split between Bombardier and its suppliers).
joined Cornyn in criticizing the tariffs in interviews at the CERAWeek energy conference in Houston and said it could raise Alaskan pipeline costs by half a billion dollars.
By yearend, Berkshire owned 359 million shares of Wells worth $ 11.1 billion, against a cost of $ 8 billion.
WOODSIDE Petroleum is expected to reveal the full extent of cost overruns and delays at its crucial $ 13 billion Pluto liquefied natural gas project by early next week.
Following Moore's Law, coined by one of Intel's founders, Intel Core M Processor contains 1.3 billion 14 nanometer transistors in a dual - core that increases power while reducing cost.
By acting as the gateway through which potentially billions of users get onto the Internet, Facebook stands to benefit immensely at a tremendous cost to its competitors.
And according to a 2011 report by FAIR, undocumented immigrants cost U.S. and state governments $ 113 billion a year in welfare programs.
Ford is now aiming to hit a pretax profit margin target of 8 percent by 2020, two years earlier than it previously planned, by slashing $ 25.5 billion in costs and $ 5 billion in capital spending.
Not only would there be a huge human factor to consider in sending them back to countries with which most aren't familiar, but the cost to our economy could be staggering: According to a Center for American Progress study earlier this year, the estimated loss of DACA workers would reduce U.S. GDP by $ 433 billion over the next 10 years, with California, Texas and Illinois being hit hardest.
April 19 - Chipmaker Qualcomm Inc is cutting 1,500 jobs across multiple divisions at its offices in California, as part of its promise to investors to cut annual costs by $ 1 billion.
Even worse, the cost of carrying these well organized groups is very much understated: nearly all the public - sector pension plans are underfunded by hundreds of billions of dollars and taxpayers are on the hook for the difference.
April 18 - Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut annual costs by $ 1 billion, the chipmaker said on Wednesday.
McConnell's latest version aimed to satisfy both camps, by incorporating language by Sen. Ted Cruz of Texas allowing insurers to sell skimpy plans alongside more robust ones, and by adding billions to treat opioid addiction and to defray consumer costs.
April 18 - Chipmaker Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut costs by $ 1 billion, Bloomberg reported on Wednesday, citing people familiar with the matter.
The stake is valued at $ 2.2 billion, according to Ackman, and is his largest investment ever by cost.
But by 1974, with fuel prices soaring and development costs estimated at $ 2 billion to $ 3 billion, Boeing's partner in the project, International Husky, couldn't find enough customers for the 754, and the project was canceled.
Higher steel costs could hit the automakers» profits by $ 1 billion each.
Now there are signs that the company is emerging from its funk with a shift driven by a $ 10 billion cost - cutting plan and a promise to create, in McDonald's words, a «culture of productivity.»
So is the cost: Biden estimates his plan will run $ 80 - $ 110 billion to implement, an upper boundary in line with estimates floated by John Edwards, Bill Richardson, and Hillary Clinton.
Although somewhat sidelined by the European debt crisis, ITER is expected to cost now at least $ 15 billion to build.
According to the Deloitte Center for Health Solutions, efficiency improvements of the kind that Tonic is offering should be able to cut $ 305 billion in health care costs by 2021.
The cost estimate of the second phase remains at $ 8.9 billion and is not at risk of being jacked up by the same factors that affected the first.
Its new Vanguard Personal Advisor Services — low - cost financial guidance provided by an online «robo» platform and a pool of 450 human certified financial planners — launched in May 2015 and, with $ 47 billion in assets, has easily surpassed trendy fintech startups like Betterment and Wealthfront.
Carlsberg is aiming to cut the best part of 2 billion kroner of costs by the end of this year to defend against an enlarged and more profitable rival following the combination of AB InBev and SABMiller Plc..
«Further testing is required before Song's device could be approved as a treatment for dementia or Alzheimer's, but if it is able to help those patients regain even part of their lost memory function, the impact would be felt not only by the patients themselves, but their families and even the economy at large,» says Science Alert, which notes that Alzheimer's was responsible for a whopping $ 236 billion in healthcare costs last year.
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