Sentences with phrase «spending by billions»

As a country, we can choose to increase spending by billions of dollars for very modest results — or, for a small fraction of the cost, we can achieve much more by simply letting great educators open up schools.

Not exact matches

Here is how the small - business agency is going to be affected by the $ 85 billion in government - spending cuts that will go into effect starting Friday.
By 2011 the U.S. Senate officially recognized the event and in 2012, an estimated $ 5.5 billion was spent on Small Business Saturday at local businesses around the nation.
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.
According to a report published by Business Insider, ad spend for social media this year is expected to surpass $ 8.5 billion.
Assuming that other sites car brands advertise on are plagued by a similar rate of fraudulent web traffic, Solve Media calculated car companies would waste $ 541 million out of the $ 2.5 billion eMarketer estimates the auto industry will spend this year on digital branding in the U.S.
After adjusting for rebates and other discounts offered by pharmaceutical companies, spending totaled $ 309.5 billion, 8.5 % higher than the previous year.
The document reallocates more than $ 54 billion from government entities like the Environmental Protection Agency, the State Department and even NASA to boost defense spending by the same amount.
NEW YORK, May 2 - U.S. consumers spent a record $ 100 billion online in the first quarter, helped by holiday promotions, Adobe Analytics said on Wednesday, highlighting the ongoing switch to web retailers from brick - and - mortar stores.
As part of the deal, which still needs approval from Congress, Saudi Arabia «expressed its intent» to spend $ 28 billion on defense technologies and programs by Lockheed Martin, which estimated the deal would support 18,000 jobs in the U.S. over 30 years — a figure that falls dramatically below Trump's estimate.
The company says it plans by 2020 to raise annual spending on what it calls «new energies» to between $ 1 billion and $ 2 billion — a sum that, assuming it materialized, would account for between 4 % and 8 % of the $ 25 billion that Shell has estimated as its total capital spending in 2017.
If rates rise across the board by one percentage point, it would amount to about $ 91 billion a year in extra income and thus extra spending money for these people and businesses.
BP on Tuesday also beat earnings expectations, trimming its 2016 capital spending by another $ 1 billion.
By 2025 - 26, the province will be spending $ 16.9 - billion on debt service charges, or 8.8 per cent of revenue.
The Liberals produced a modest $ 600 - million surplus in 2017 - 18, but it will be quickly replaced by a total of $ 31.9 - billion in deficit spending over the following six years.
The February federal budget deal, meanwhile, hikes outlays in both of the two categories of «discretionary» spending, defense and federal programs from foreign aid to housing subsidies, by an unprecedented 12 %, or $ 150 billion a year in 2018 and 2019.
Worldwide spending on security drones is expected to reach $ 10 billion by 2020, according to PwC forecasts.
Global spending on digital commerce platforms is expected to grow over 14 percent annually to about $ 8.5 billion by 2020, Salesforce said, citing research firm Gartner.
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.
«Cash flow after organic investments increased to $ 2.8 billion, up by more than 50 percent from a year ago, thanks to good operational performance and continued spending discipline,» added Pouyanne.
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.
He expects spending to double in 2015, growing to $ 4.5 billion by 2020.
«The new numbers we're discussing today are extraordinary,» said U.S. Senator Bob Menendez, a New Jersey Democrat and sponsor of legislation signed by President Barack Obama to spend $ 1.3 billion on autism research and education through 2019.
According to a study released by Battelle Memorial Institute, Research and Development (R&D) spending in China this year is likely to reach $ 284 billion, up 22 percent from 2012.
Trump's plan seeks to revamp how projects are approved and funded by reducing permitting time to two years and allocating $ 200 billion over 10 years — mostly as incentives to spur states, localities and the private sector to spend at least $ 1.3 trillion.
Meanwhile, the amount spent on mobile games worldwide is skyrocketing, projected to go from $ 5.6 billion in 2010 to $ 11.4 billion by 2014.
While that's more than the $ 196 billion Chinese business travelers spent last year, business - travel spending in China grew 13.2 percent — three times the 4.4 percent growth rate in the U.S.. By 2016, Chinese business travelers are expected to spend more than those from the U.S., according to the report.
Reconstruction here has been held up by bureaucracy and corruption, while billions of euros were spent on unpopular housing projects, or «new towns», with rows of identical dwellings built on special quake - proof platforms.
In - store dining and prepared foods from grocery stores led to 2.4 billion food - service visits and $ 10 billion of consumer spending in 2015, according to a recent report by industry research firm NPD Group.
Gartner believes that by 2020 there will be 20.4 billion (with a «b»...) connected devices, and IDC believes that by 2021, $ 1.4 trillion will be spent on IoT technologies.
IDC believes that by 2021, $ 46 billion will be spent on cognitive and artificial intelligence systems, which reached $ 12.5 billion in 2017, 60 percent higher than 2016.
Now that conservatives complained about the $ 1.3 trillion catchall spending bill — which blew through previous budget limits by $ 300 billion over this year and next, House GOP leaders have scheduled a vote this week on a proposed amendment to the Constitution to require a balanced federal budget.
This is a guy who revolutionized the computer industry by selling PCs directly to consumers, then spent billions on acquisitions to give Dell a post-PC future.
The Hyundai Motor Group said it plans to lift U.S. investment by 50 % to $ 3.1 billion over five years and may build a new U.S. plant — the latest auto firm to announce fresh spending after President - elect Donald Trump threatened to tax imports.
The decline during the first three months of 2017 translates to a $ 2.7 billion loss in spending by those missing visitors, according to Tourism Economics.
It lowers projected Medicaid spending by $ 880 billion or 25 % over the 10 - year window, the biggest source of savings in the AHCA.
Austerity measures imposed earlier this year include $ 65 billion ($ 80 billion) in spending cuts and tax increases by the end of 2014.
For the two years combined, the bill is estimated to raise total spending by $ 300 billion, or $ 150 billion a year.
Management consultancy Oliver Wyman has estimated global investment research spend could fall by as much as $ 1.5 billion annually, when the rules come into force in January.
Once again, the official cap on discretionary spending for 2018 is $ 1.065 trillion, so the $ 150 billion a year raise lifts that budget line by a formidable 14.4 % to $ 1.22 trillion.
In September, Facebook CEO Mark Zuckerberg and his wife Dr. Priscilla Chan promised to spend a whopping $ 3 billion of the Chan Zuckerberg Initiative's extensive capital over the next 10 years, as it works towards its lofty goal of curing, preventing or managing all diseases by the end of the century.
Medicare spending is roughly 20 percent (or roughly $ 650 billion) of total health - care spending, yet Medicare Advantage (offered by private companies) is only 32 percent penetrated by managed care companies, according to the CMS.
Entitlement spending ---- a category that starts exploding in 2019 ---- and interest expense are slated by the CBO to rise a combined $ 68 billion.
Americans will spend more than $ 7 billion on cookouts and other celebrations of the Declaration of Independence, up from $ 6.8 billion in 2016, according to a report by the National Retail Federation.
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.
By now, you've heard the news: Tesla is about to spend $ 5 billion to build the world's largest battery factory, known as the «gigafactory.»
By the following March, they had spent more than half a billion dollars acquiring two more companies: San Francisco - based MyFitnessPal, a nutrition - tracking system for people to log their meals, and Copenhagen - based Endomondo, a personal - training program whose users are almost entirely outside the U.S.. Under Armour suddenly had not only the world's largest digital fitness community but hundreds of engineers and reams of user data as well.
Under her leadership, the company invested $ 15 billion in modernizing its electricity infrastructure, including spending on «smart» meters (which allow companies to monitor use remotely), auto - switching devices that allow employees to monitor usage and outages from a distance, and technology that helps the grid «self - heal» by rerouting electricity around a damaged power line.
Research firm IDC estimates that big data and analytics spending will top $ 200 billion globally by 2020.
Previously, South Korea's Ministry of Science and Technology announced plans to spend about $ 1.5 billion to build a national 5G wireless network to be commercially available by 2020.
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