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Trillion in sentence

2031 examples of Trillion in a sentence

If we take Mood’s lower estimate of one trillion, the comparable figure for fish is 150.
To that end, Republicans in the US Congress have just unveiled a bill that, if enacted, could vastly widen the deficit and increase the public debt by as much as $4 trillion over the next decade.
Before releasing the current plan, congressional Republicans passed resolutions to reduce taxes by $1.5 trillion over the next decade.
The proposal to lower the corporate tax rate to 20%, for example, implies a $2.5 trillion tax cut, once other tax cuts in the plan are considered.
To keep the tax cuts below $1.5 trillion, one would have to keep the corporate rate at or above 28% and broaden the tax base.
The problem is that eliminating the state and local tax deduction would provide just $1.3 trillion in revenue over the next decade.
If congressional Republicans and the Trump administration end up keeping the state and local tax deduction, their tax cuts will add $3.8 trillion to the public debt over the next decade.
Even if the Republican plan really did keep the cuts at $1.5 trillion, it still would not comply with this rule.
But standard dynamic scoring models show that increased growth would offset the cost by only one third, at most: the US would face $1 trillion, rather than $1.5 trillion, in lost revenues.
More important, the Fed’s $4.5 trillion balance sheet has since grown more than fivefold.
The value of trade covered by the measures and countermeasures resulting from Trump’s trade policies has already reached $100 billion, and Shawn Donnan of the Financial Times reckons that this figure could soon reach more than $1 trillion, or 6% of global trade.
Gartner, a research and advisory firm, estimates that AI-enabled tools will generate $2.9 trillion in business value by 2021, while PwC forecasts that by 2030, AI could contribute as much as $15.7 trillion to the global economy.
Some estimates show that companies could save as much as $4 trillion annually with AI automation.
With the costs of mismanagement passed on in the form of price increases, the debt held by private power producers and the government stands at over one trillion rupees ($8.2 billion).
Last January, the Business & Sustainable Development Commission, which I chair, estimated in its flagship report that companies could unlock $12 trillion globally in revenue and savings by pursuing sustainable business models.
In the energy sector alone, the opportunities are valued at $4.3 trillion.
This time, however, the fall in share prices and in home values has destroyed more than $12 trillion of household wealth in the United States, an amount equal to more than 75% of GDP.
Since share ownership (including mutual funds) of American households totals approximately $17 trillion, a 15% rise in share prices increased household wealth by about $2.5 trillion.
The past relationship between wealth and consumer spending implies that each $100 of additional wealth raises consumer spending by about four dollars, so $2.5 trillion of additional wealth would raise consumer spending by roughly $100 billion.
Since US households’ after-tax income totals $11.4 trillion, a one-percentage-point fall in the saving rate means a decline of saving and a corresponding rise in consumer spending of $114 billion – very close to the rise in consumer spending implied by the increased wealth that resulted from the gain in share prices.
The International Energy Agency estimates that by 2040, the annual investment required in energy-supply infrastructure alone will total $2 trillion, up 20% from current levels.
Over the next 26 years, some $51 trillion will be needed.
This is just part of the overall infrastructure investment shortfall, which stands at $1 trillion annually – far more than what governments can afford.
For example, over the next 25 years, 60% of the EU’s generating capacity is due to retire – contributing to demand for $2.2 trillion of energy investment.
Given the size of China’s economy, its growth rate, and the experience of other developing economies, FDI from China is likely to increase by $1-2 trillion by 2020.
Even before this financial crisis, America’s national debt was scheduled to increase from $5.7 trillion in 2001 to more than $9 trillion this year.
After two rounds of quantitative easing (QE), the balance sheets of the European Central Bank and the United States Federal Reserve have grown to €3.2 trillion ($4.1 trillion) and $2.9 trillion, respectively.
Merrill Lynch predicts that, as currency reserves climb in countries like China, state-run investment funds will grow to $7.9 trillion, from $1.9 trillion now.
The UN’s regular budget is a mere $2.7 billion per year, or just 0.003% of the world’s $90 trillion total income.
The consultancy McKinsey argues in a recent report that India needs to invest at least $1.2 trillion in its urban infrastructure over the next two decades, or $134 per capita annually.
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