and democrats are accusing this company of gouging the taxpayer to the tune of tens of millions of dollars. this is a rare story of real bipartisan outrage of the overcharging of the federal government. ripping off the american taxpayer, ripping off our military. inside a building where it s hard to find much agreement, republicans and democrats have joined forces against a company with questionable billing practices. california democrat congressman rowe, says the company overcharged the department of defense by $16.1 million. you had a company buying up smaller companies and jacking up the prices of a thousand%, 5000%. he told fox news he alerted the dnd inspector general.
the ig reviewed 47 contracts that they had with the pentagon and according to the reports there were excess charges and 46 of the 47 contracts reviewed. in a may hearing members of congress from both sides of the aisle were on the same team. if you re looking for feedback, you better pay the money and start giving us the cost. why should we give you another dime? we believe we provide the government with well-designed, well manufactured, high quality products. according to the ig report, they were overcharging dod for years. we have a mutual beneficial relationship but occasionally a bad actor is skews public opinn against the agency. in a sign of good faith, it has agreed to pay back the $16.1 million. but a government watchdog group calls the pricing alarming. what is unusual in the
you can just walk out. you are billed to the credit card you head on file with amazon. i think it could really work with airports. succumbing in on top this weekend in u.s. box office is. ralph breaks the internet bringing in $16.1 million for a third weekend in a row. overseas this could be an indication of what is coming up in the u.s. for the holiday forecast. take a look. the only way to stop this war is for you to take your rightful place. that is aquaman. $93.6million becoming the number one film globally from one market alone. this could really forecast what type of holiday season we could have at the box office. in the u.s. it opens up in north america december 21. that s can be a big one.
depending on how things go next week. certainly, i think if there is a breakthrough, if there is any sign that we are reaching some kind of agreement with the chinese i think the markets will really rally on that. we ve seen that time and again when it came to agreements with canada and mexico and rewriting north american free-trade agreement. that was a big sign of relief for investors. if we get that with china then we could have a relief. i just unexpected because, they are such deep divisions on a wide range of issues. china is a big issue and we have an example of how the china tariffs are impacting the country and soybean farmers. if you take a look at the graphic, soybean sales to china have dropped 94 percent over the past year. total exports to china down 16.1 million tons from last year.
raised $16.1 million in the first quarter of this year. some of her rank and file members, conor lamb from pennsylvania and seth molten of massachusetts have called for change. molten telling the boston globe, there s a strong desire for new leadership in washington, and new leadership in the democratic party. she won a special election in 1987. many of her colleagues say it s time for a new voice and new ideas. shep? shepard: thanks, mike emanuel. a show down over trade. the u.s. treasury and commerce secretaries are in china looking to get some concessions to reduce our china trade deficit. the chinese are warning, don t expect much, america. their message and how it matters for our money next.