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162.7 billion. that s the annual amount state of local pension plans pay out in benefits. 7.5 million is how many retirees receive benefits each year from those state and local pension plans. 6.5 million. that s how american jobs are supported by pension spending. $1 trillion. it s the dollar amount pension spending contributes in total economic output. 11.6 is the at risk factor is reduced for those with a pension plan the age of 65. 42, that s the percentage of private sector workers between the age of 25 and 64 that have any pension coverage in their job. and $99 billion, that is the combined shortfall in 2009 among 61 key u.s. cities in their average funding levels. 34, that s the number of states that failed to make their ....
Hassle about giving you store credit. despite the hassles, shoppers will return $62.7 billion in merchandise this holiday season. in florida for us this morning, joining to fill us in, how s it looking there, shoppers looking to collect on deals or return their gifts? reporter: it s really a combination. at the mall there are people out looking for the 50% off, but a lot of people bring in those gifts they didn t really want, you know, say something like a pair of really ugly boots their brother gave them, so for $52.76, you do the return, then you walk around with this $52.76 in your hands and see 50% off here and 60% off there, retailers enjoy today. they want to get that inventory off the shelves, so that s why they are not only discounting ....
Everybody, including you. and i m not worried about that. but, i am worried about some citizens, believing this is a phony deal. that the united states will not suffer economically if no debt ceiling rise comes. in and i wanted to get your opinion on that. look. here is the reality. the federal government is anticipated to receive $203.3 billion in revenues in august. the outflows, the entire federal budget is programmed to spend $362.7 billion. that means if you don t have a deal, and you have to live within the $203 billion you get, you have to cut $159.6 billion out of the federal budget in one month alone. that means, look, you can pate interest on the debt. so we don t default. can you pay social security checks. can you pay the checks of the active military. but you cannot find 45% of the federal budget that you can cut overnight without having consequences. i mean, brit hume for example i ....
As you know, i challenge everybody, including you. and i m not worried about that. but, i am worried about some citizens, believing this is a phony deal. that the united states will not suffer economically if no debt ceiling rise comes. in and i wanted to get your opinion on that. look. here is the reality. the federal government is anticipated to receive $203.3 billion in revenues in august. the outflows, the entire federal budget is programmed to spend $362.7 billion. that means if you don t have a deal, and you have to live within the $203 billion you get, you have to cut $159.6 billion out of the federal budget in one month alone. that means, look, you can pate interest on the debt. so we don t default. can you pay social security checks. can you pay the checks of the active military. but you cannot find 45% of the federal budget that you can cut overnight without having consequences. i mean, brit hume for example i ....
Challenging mrs. bachmann and, as you know, i challenge everybody, including you. and i m not worried about that. but, i am worried about some citizens, believing this is a phony deal. that the united states will not suffer economically if no debt ceiling rise comes. in and i wanted to get your opinion on that. look. here is the reality. the federal government is anticipated to receive $203.3 billion in revenues in august. the outflows, the entire federal budget is programmed to spend $362.7 billion. that means if you don t have a deal, and you have to live within the $203 billion you get, you have to cut $159.6 billion out of the federal budget in one month alone. that means, look, you can pate interest on the debt. so we don t default. can you pay social security checks. can you pay the checks of the active military. but you cannot find 45% of the federal budget that you can cut overnight without having consequences. ....