Word: trillion
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...shake up the Army now, in the midst of a difficult war? The U.S. defense budget has increased some 40% since 2001, to almost half a trillion dollars, but military experts expect the funding to slow. Secretary of the Army Francis Harvey, who signed the order last March to implement the effort, says the need for it is obvious: "We need to free up resources so we can apply them to the operating side of the Army. We need to equip our soldiers better and faster." Optimistic projections claim the Army could be saving billions of dollars each year...
...face it--Uncle Sam is broke. The gap between the U.S. government's future expenses and tax receipts is $63.3 trillion. No surprise. The nation has 77 million retiring baby boomers on track to collect well above $30,000 a year--the average amount we're paying today's elderly--in Social Security, Medicare and Medicaid benefits. If you're planning for a cushy retirement, forget it. Get ready for much higher taxes, lower benefits and inflation...
...million Number of millionaires on the planet, according to a recent study $44 trillion Projected total wealth of the world's millionaires...
...corner of the Australian Outback, it finally happened. At the bottom of a tunnel near Barramundi Gap, warm water was seeping from the rocks. That was a clue to a find that now produces about 100,000 carats of dull-brown rough every day and has about 1 trillion carats left to give. The Argyle Diamond Mine is the richest in the world in terms of the sheer number of stones, but they are small and dingy, mostly the color of breakfast tea. They seemed destined to end up as knife blades, dental tools and drilling bits...
...amounts can make an important difference, she says. In Somerville, Mass., for instance, just an extra seven dollars allows another child to participate in an after-school basketball program.Doing this kind of local finance work, Bilmes says, “You see the connections between the big billions and trillions and the hundreds and thousands.”It was the big trillions that brought Bilmes into the spotlight this past year, when her estimation that the Iraq war would cost America, as a mid-range projection, $2.2 trillion, made headlines across the world. “It?...