Sentences with phrase «federal dollars account»

Not exact matches

of the U.S. Code) to mint a coin worth a trillion dollars, deposits it in its account at the Federal Reserve, and continues merrily writing checks against the newly refreshed balance.

Remember, your 401 (k) plan or traditional individual retirement account is tax - deferred money — meaning, for every dollar you take out, you will owe taxes (federal and state).

Once you take a pretax retirement account, such as a traditional IRA, and convert that account to a Roth IRA, you are subjecting your retirement dollars to both federal and state income taxes today in return for the promise of tax - free income during retirement.

To pay a creditor, each federal agency sends instructions (not dollars) to the creditor's bank, instructing the bank to increase the balance in the creditor's checking account.

Former Senate Democratic Leader John Sampson turned himself in to federal authorities Monday, after being accused in a nine - count indictment of embezzling nearly half a million dollars from mortgage foreclosure accounts, and then trying to cover it up.

The $ 10.5 million energy and agricultural waste management project was funded by local, state and federal taxpayer dollars, including about $ 1.5 million that came directly from Cayuga County government's savings accounts.

Both issues have been central to federal and local prosecutors» probes of Nassau contracts, which account for hundreds of millions of dollars a year paid to outside companies.

Badeh is standing trial alongside Iyalikam Nigeria Limited before Justice Okon Abang of the Federal High Court sitting in Maitama, Abuja for allegedly abusing his office as Chief of Defense Staff by using the dollar equivalent of the sum of N1.4 billion removed from the accounts of the Nigerian Air Force to purchase properties in choice areas of Abuja between January and December, 2013.

FBI agents and Rockland district attorney's office investigators fanned out across Ramapo today with search warrants demanding that vendors provide records and account for equipment allegedly bought by religious schools with millions in federal education technology dollars.

Former New York state Senate Democratic Leader John Sampson turned himself in to federal authorities Monday, after being accused in a nine - count indictment of embezzling nearly half a million dollars from mortgage foreclosure accounts, and then trying to cover it up.

The FEC requires — requires — dollars for these mailers to be used out of our federal account, while SEEC has stated a contrary position.

Instead, Huntley siphoned thousands of dollars from the nonprofit's bank account to herself and family members, according to court papers unsealed in Brooklyn Federal Court.

The anti-graft is alleging that Ofili - Ajumogobia, while serving as a Justice of the Federal High Court, Lagos, unjustly enriched herself by illegally receiving 793,800 dollars from various sources between 2012 and 2015 in three Diamond Bank accounts.

Several years ago Schneiderman donated over $ 100,000.00 from his campaign finance account to charity after Moses Stern, who defrauded Citibank out of millions of dollars, alleged that he was the source of funding for contributions to Schneiderman through the use of straw donors, which is a felony on the federal level.

DOD accounted for 12.3 % of the $ 40.1 billion in federal research dollars universities received in 2012, up from about 8 % a decade ago.

Despite a recent budget proposal from the Obama administration to increase spending on federal R&D by 7 % next year, dollars flowing to research have largely been flat in recent years, and declining when inflation is taken into account.

By giving parents «private accounts» to spend on digital learning, tutoring, and the like, it could weaken schools» larger improvement efforts, which are mostly funded by these federal dollars.

Thanks to federal civil forfeiture laws, the Internal Revenue Service has seized millions of dollars from thousands of Americans» bank accounts without proof of criminal wrongdoing.

has an amendment to establish education savings accounts for military families using federal impact aid dollars.

In turn, the PPSF gives dollars to schools based on a formula that accounts for several factors: PTA funds, local school foundation funds, previous equity grants, federal Title I funds, and student demographics.

On average, the federal government contributes about 10 percent to the total amount spent on public education, but these dollars account for a larger portion of many high - poverty districts» budgets.11 For example, Los Angeles Unified School District and Chicago Public Schools — both high - poverty districts — receive about 15 percent of their budgets from the Education Department.12 These dollars serve essential purposes, such as supplementing services for low - income students, defraying the cost of individualized education programs for students with disabilities, and compensating for a loss of property tax due to federally owned land.

Previously earmarked for college education, the federal plan would allow the 529 to pay for private and parochial K - 12 education with after tax dollars in accounts growing tax free for this tuition.

Before we launch a universal preschool program and dedicate billions of dollars in federal funds, however, it is important that we take into account the outcomes of students participating in the existing federal preschool program: Head Start.

The FDIC guarantees that even if a financial institution becomes insolvent, the funds in each individual checking and saving account up to a certain dollar amount are guaranteed by the federal government.

The reason being that federal law protects retirement accounts from creditors in the event you file for bankruptcy (up to $ 1 million dollars in the case of IRAs).

Rep. Ryan describes a need for «a framework that accounts for student loans in a way that reflects their true costs, that uses federal dollars more resourcefully.»

(a) In addition to other lawful charges permitted under various state or federal laws, except under open - end credit plans, a creditor may, if provided in the contract, charge an account maintenance fee of not more than three dollars ($ 3) for each month of the scheduled period of repayment of the credit transaction.

Some taxpayers who filed complaints with the Federal Trade Commission (FTC) reported that, after signing up with some of these companies and paying thousands of dollars in upfront fees, the companies took even more of their money by making unauthorized charges to their credit cards or withdrawals from their bank accounts.

Lexington Attorney Angela Ford was ordered by Federal Judge Danny Reeves to provide an accounting to the court reporting her handling of some $ 42 million dollars seized from the Fen Phen defendants.

For example, the Department of Education reports that for every dollar held in a 529 account in a parent's name, up to 5.6 cents will be subtracted from the family's federal need - based financial aid package.

Audited Title IV funding disbursements totaling approximately $ 2 to $ 3 million dollars quarterly ($ 12 - $ 15 million dollars annually), and applied payments to student accounts according to campus and federal regulations.

Established by the Legislature in 2010, the account uses combinations of federal, state and private dollars to provide home visiting services to about 2,300 families.

Jointly administered by DEL and Thrive, the Home Visiting Services Account (HVSA) brings together state, federal and private dollars to support a portfolio of high - quality proven and promising programs — and ensure those programs get the results they promise.