worth it to give taxpayer money to hollywood productions because it basically funds temporary workers that come in from out of state. when the production is over the workers, many of them, go back on jobless benefits or unemployment. so there s a positive and negative side to this story, jenna, we re digging into here at fox business. jenna: as you point out, it is both federal tax breaks and state tax breaks. so it is not just the federal government that is handing out these tax breaks for the movies, right? reporter: that s right, jenna. in fact at the state level, back at the beginning of the last decade, only five states were giving tax breaks to hollywood. now something like 40 to 45 states are doing so. jenna: wow. the thinking it creates jobs in the home state. it is great for the state s public image. but missouri and michigan are taking a second look and other states saying hey, maybe it is not worth for funding from hollywood because it is only a temporary boost and jobs
it is interesting that we see these movies are getting state tax breaks according to the government accountability institute. back to you, jenna. jenna: liz, thank you. reporter: sure. jon: here is some food for thought about the health of your heart. a simple diet switch that could cut your risk of heart disease by as much as 30%. also a new controversy as pope benedict gets ready to retire this week. it centers on the college of cardinals that will choose his successor. we re live with that story coming up. did you know not all fiber is the same? citrucel is different- it s the only fiber for regularity that won t cause excess gas. it s gentle and clinically proven to help restore and maintain regularity.
that s right 60 days free! use promo code safe60. if you re not completely satisfied, notify lifelock and you ll never pay a cent. order now and also get this document shredder to keep your personal documents out of the wrong hands. a $29 value, free. get the protection you need right now! megyn: a developing story from massachusetts where a green energy company that took millions in state tax breaks and grants filed for bankruptcy. they are laying off hundreds of american workers, but they may be hiring at its plants in
jon: there is fresh fire on capitol hill from democrats who are furious about the tax compromise. members of a democratic caucus saying they are nearly unanimous in their opposition to the tax cut deal. juan williams is a fox news political analyst. we wanted to ask him what this means for the president. a lot of democrats really angry at barack obama for getting together with republicans to strike to make this thing happen. does it bode well for him in terms of maybe getting a challenger from the left in 2012? no, i don t think anything significant, jon. i mean, there s always the possibility that howard dean might come back or you might get a russ feingold out of wisconsin against someone on left and someone who s been very concerned about the kind of what he would regard as fiscal lack of responsibility that democrats see in this bill in terms of building up the deficit and putting off, you know, giving, for example, the estate tax breaks to the rich which is really the flag that
brokered, carrier is receiving $7 million in state tax breaks over 10 years, saving 1,000 jobs at the factory, but still allowing 600 positions to head south of the border. the good will that you have engendered by doing this all over the world, frankly, but within our country, you watch how fast you re going to make it up because so many people are going to be buying carrier air conditioners. reporter: while his aides are touting the carrier agreement as a big win, it is the kind of deal that trump once blasted. we re going to give them a little here, give them low interest loans. you don t have to do any of that. too complicated, too much corruption involved or could be involved. reporter: vermont senator bernie sanders warned of unintended consequences. writing in an op-ed he endangered other jobs that were previously safe. house speaker paul ryan asked