The spending represents 3percentt of the sum of their revenues from the settlement and from taxes on tobacco products.
The scale of the spending announcement was described by Labour as "hilarious hyperbole", pointing out that the spending represented no increase on what had been promised for 2015-16 in the spring budget.
His spokesman said the spending represented good value for money.
Since he became president, Obama has had three opportunities to work with Congress to reduce military spending, but instead, has championed increases in that spending each time, despite the fact that this spending represents a clear threat to the economic future of our country.
The Audit Commission says this spending represents an average of 12% of their gross spending on all adult social care.
Currently, that spending represents 70% of the US intelligence budget.
People know that this spending represents future taxes.
Although a few quarters of above-trend growth driven by household spending represent a good start, they aren't sufficient.
Indeed, for the week, online spending represented 7.4percentt of the $19.7 billion charged to Visa cards, up from 5.7percentt a year ago.
Federal officials could not say for sure whether the low growth in health spending represented the start of a trend or reflected the continuing effects of the recession, which crimped the economy from December 2007 to June 2009.
