away. so this is an important point. this idea of the expectation of trust is that somehow so your point being, if this is an enemy of the state that poisons the water, we would immediately act in ways that we don t perceive industry, necessarily, as an enemy of the state. and we cannot presume that industry is an enemy of the people, but the work you do indicative of how frequently communities find themselves being asked to make a choice between their health, the health of their children, their longevity, and corporate profits. indeed. and i think going back to this issue of infrastructure, we want to find a win-win between the environment and the economy, right? mm-hmm. the epa estimates it s going to be about $188 billion over the next five years to revise our water infrastructure. that s a lot of jobs. we don t have to have an either/or here. if the government kept up with what our water infrastructure is supposed to look like, we would
reporter: two fast food giants have gone upscare. p popeye s ditched the chicken and biscuits image and is rebranding itself as a louisiana kitchen. and mcdonald s, where you can get a latte with your burger, the golden arches are finally gold. nice pizzazz to it. reporter: there is big money at stake. this year alone national restaurant association predicts fast food sales soaring to more than $188 billion. popeye s and mcdonald s want their share. we quickly made the decision that we wanted to take back the brand, back to that heritage, to the way it started, this louisiana heritage. reporter: you walk in to a renovated mcdonald s or popeye s
fallon and signed a major disaster declaration. the tornado raked a mile-wide path of destruction and putting the pieces back together will require a tremendous effort and likely cost billions of dollars. the deadly twister that hit joplin, missouri two years ago tomorrow created $2.8 billion in damage. according to a recent report by the center for american progress. in 2011 and 2012, the u.s. saw 25 $1 billion weather events. together those cost more than 1100 deaths and cost the economy a total of $188 billion. since 2011, the government has paid out $136 billion for disaster relief. an average of nearly $400 per american household per year. the trend line over the past two decades shows a spike in billion-dollar damage events. ultimately, beyond the human toll, these disasters are
clayton: need a kick start this morning get my ipad up to my chest. thank you, alli. they cost taxpayers nearly $200 billion in 2008. no small chunk of change. fannie mae and freddie mac about to repay money to the treasury. that sounds great. some are calling the move accounting gimmick. is this just the playing politics with your money? nice to see you this morning, welcome. good morning, clayton. basically it is a little bit of a a counting play. essentially freddie mac and fannie mae have made this 67 billion-dollar profit after not being solvent for so long and they want to pay treasury. it is a gimmick. they are using basically fake money to pretend that they re profitable so they can send money back? it s like monopoly money. in a sense they are switching from one pocket to the other. what we are seeing here is that when they receive $188 billion from the
less than 1.4 billion overall. the rest of it held up in washington red tape. meantime lawmakers are home for the july 4th holiday while people who live full-time in the beltway and other mid-atlantic areas, powerless in triple-digit temperatures. the problem is getting worse, jenna. major power outages more than doubled in the last decade. we all pay for them no matter where we live. a study from the university of minnesota found power outages and disruptions cost the u.s. economy between up to $188 billion each year, making that $11 billion power grid update seem kind of cheap. back to you. jenna: a problem you don t really think about until there is a bad storm and no one has power. then it is a little too late to think about. hopefully we re more proactive. rick, thank you. reporter: sure. jon: while while utility crews work to get power back on more trouble could be on the way. dangerous heat seems like the norm in large parts of the country and new areas