Sentences with phrase «of federal money on»

The administration would put a pile of federal money on the table and award it to a few states that most aggressively embraced reform.

Not exact matches

And even the Federal Reserve's modest rate hikes have had an outsized impact on the bottom line of Bank of America, which pockets the extra interest it collects on loans while paying out much less on consumers» deposits (making money on the so - called spread).

If it sounds like Edwards still needed to apply FEC rules and limits, consider this: Scott Thomas, a former commissioner of the Federal Election Commission testified that he did not consider that the payments would have come under his agency's auspices — in part because they were not used directly for the campaign and did not free up any of Edwards» own money to be spent on the campaign.

In her announcement, Gillibrand criticized the 2010 Supreme Court case, Citizens United vs. Federal Election Commission, which ruled that the government should not regulate the amount of money corporations and unions can spend on campaigns.

When the collection of major works housed at the city's world - class Detroit Institute of Arts Museum was in danger of being liquidated to pay off municipal debt, the federal mediator, Judge Gerald Rosen, city emergency manager, Kevyn Orr, and other civic leaders leaned heavily on community and national foundations, lawmakers and the museum itself to put their money where their masterpieces were.

If the 8,000 Canadians who received stock options as part of incomes over $ 250,000 paid taxes on this money at the same rate as the rest of their income — treating executive compensation the same way you treat the income of any other working stiff — it would have raised $ 337 million for federal coffers in 2009, a down year for options.

Similar kinds of cases are under way in other parts of the country, including a case on appeal in Chicago after a federal judge issued a nationwide injunction barring the government from blocking grant money typically used to help local police combat violent crime and help victims.

If you want to really get into the nitty - gritty of it, there are certain instances in which you can claim a Child and Dependent Care Credit on your federal tax return — but those instances come with a host of restrictions, and the amount of money you can claim is capped.

Federal Election Commission records show that these groups, as well as five other grant recipients of Crossroads GPS, spent money on political ads, directly or indirectly, in the 2010 election cycle.

When I interviewed him in Nashville, he chided his gubernatorial colleagues for relying too heavily on federal stimulus money, saying, «An awful lot of states took that money and treated it as continuing money and not like one - time help.»

Policymakers have bemoaned that companies make money in foreign companies but avoid having to pay federal tax on that income, which robs the U.S. Treasury of revenue.

Can I just let the corporate account collect money and at the end of the year deduct my expenses and file the federal and state tax on the profit I made?

If you're planning on leaving your kids a generous amount of money in your will, the federal estate tax may eat up a large chunk of their inheritance.

Ringing today's closing bells are Federal Reserve Bank of Chicago in recognition of the upcoming Money Smart Week financial education program with Outreach Programs Team Lead Heather Greenwell, at the NYSE, and LiveOnNY with heart recipient and Live On NY volunteer Roxanne Watson at the Nasdaq.

But another federal law says that the Part B premium must raise enough money to cover one - fourth of expected spending on doctors» services.

It came crashing down hard on Friday as a federal judge in Manhattan sentenced Ulbricht to serve the rest of his life in prison, following his earlier conviction on seven charges related to conspiracy, narcotics and money - laundering.

A 510 - page filing with the Federal Election Commission, reported on by the Washington Post last night, lists Los Angeles - based Wings of Time, LLC as donating the money on Jan. 4, 2017.

It is of great importance that the public is confident that the federal funds rate will be, on average over time, within the target range set forth by the FOMC, and that other money market rates will continue to move closely with changes in the federal funds rate.

A number of operational features were required to implement such an overnight reverse repo, or ON RRP, facility: It would need same - day settlement; 16 the operation would need to be run predictably, every day, and as late in the day as possible, to give lenders time to bargain with other counterparties using the outside option of investing with the Federal Reserve; 17 an appropriate spread below IOR would be required to ensure that the facility neither induced large changes in the structure of money markets nor lost the ability to support interest rate control; 18 and the operations would need enough unused capacity that lenders could credibly propose to leave borrowers that did not offer an adequate interest rate.19

According to Trevor Potter, a former chairman of the Federal Election Commission who also appeared on 60 Minutes, the money may very well constitute «a coordinated, illegal, «in - kind» contribution by Cohen for the purpose of influencing the election.»

The New York Times covered the exciting news that the federal government has met its goal of awarding 5 percent of money spent on contractors to women - owned businesses.

Instead, the Federal Reserve's new framework is premised on the payment of interest on reserves and on ensuring sufficient competition in money markets so that the rate of interest paid on reserves is passed through to other money market rates and thus to deposit rates offered to households and firms.2

By choosing the right type of CD, taking advantage of a laddering strategy and avoiding withdrawal penalties, you can earn a solid return on your money, all while having your savings backed by the federal government.

The CFTC is also working with the Federal Bureau of Investigation on money laundering and terrorist financing issues, Giancarlo said.

As I also warned in 2007, investors relying on a «put option» from the Federal Reserve are likely to discover that the strike price is way out of the money.

Yuri Lebedev and Trevor Gross stood trial on February 16, 2017, in Manhattan federal court on charges of conspiracy to operate an unlicensed money transmitting business and operating an unlicensed money transmitting business, stemming from their involvement with the unlicensed bitcoin exchange Coin.mx.

Invest in high - quality, short - term municipal money market securities that are typically exempt from federal income taxes and may be exempt from state income taxes depending on your state of residence.

The legal problems began in January when a federal grand jury indicted three company officials and a South Texas mayor on charges of fraud and money laundering.

Maybe 15 percent of your income is taken right off the paycheck by the FICA [Federal Insurance Contributions Act] for Social Security and essentially pre-saving for Social Security medical care (which provides the government with enough money to cut taxes on the higher brackets.)

Billed as a $ 1.5 trillion plan, it only includes $ 200 billion in federal money, leaving state and local governments largely on the hook for the rest of the money.

Over at the White House Office of Management and Budget, Director Mick Mulvaney told reporters in March that spending federal money on climate science is «a waste of your money.»

Without authority to borrow money, President Barack Obama's administration would face immediate choices on which bills to pay: Federal employee salaries or Medicare recipients, out - of - work residents who receive federal unemployment benefits or investors who expect to receive interest payments on the country's current debt, veterans or air traffic contrFederal employee salaries or Medicare recipients, out - of - work residents who receive federal unemployment benefits or investors who expect to receive interest payments on the country's current debt, veterans or air traffic contrfederal unemployment benefits or investors who expect to receive interest payments on the country's current debt, veterans or air traffic controllers.

This kind of money has been made by speculating on Brazilian, Indian and Chinese securities and those of other countries whose exchange rates have been forced up by credit - flight out of the dollar, which has fallen by 7 % against a basket of currencies since early September when the Federal Reserve floated the prospect of quantitative easing.

The federal expenditure on housing assistance is currently doing a poor job of allocating money to households that need it most.

In that role he also served as the chairman of the Federal Open Market Committee (FOMC), which as the Fed's principal monetary policymaking committee makes decisions on interest rates and managing the U.S. money supply.

In the eyes of federal regulators, marijuana money is drug money, and legalized pot dealers worry the feds might seize on traceable payments to shut them down.

Their underlying worth is determined by the central banking system and the government, through a series of federal guarantees, the setting of interest rates and so on (money used to be backed by physical gold in Fort Knox, but that hasn't been the case since the 1970s).

Expansion of the Canada Pension Plan and the Unintended Effect on Domestic Investment finds that by increasing the Canada Pension Plan payroll tax, the federal and provincial governments will inadvertently shrink the pool of money available for investments in Canada — potentially up to $ 114 billion by 2030.

During the interim, the Federal Reserve indicates that it expects to limit the extent to which banks lend out the base money created in Step 1, through a policy of paying interest on bank reserve balances.

«All of our plans on disaster recovery are premised with the federal government coming in with a big chunk of short - term FEMA money and then a big chunk of long - term bailout money,» said Edward Richards, director of the Louisiana State University Climate Change Law and Policy Project.

On Bloomberg television last week, James B. Lockhart III, the former head of the Federal Housing Finance Agency (Fannie and Freddie's regulator) commented on the bailout funds already provided to Fannie and Freddie, saying «Most of that money will never be seen agaiOn Bloomberg television last week, James B. Lockhart III, the former head of the Federal Housing Finance Agency (Fannie and Freddie's regulator) commented on the bailout funds already provided to Fannie and Freddie, saying «Most of that money will never be seen agaion the bailout funds already provided to Fannie and Freddie, saying «Most of that money will never be seen again.

A former U.S. Army sergeant and two other U.S. citizens were found guilty by a jury in Manhattan federal court on Wednesday of taking part in a plot to murder a woman in the Philippines for money, prosecutors said.

During that time, Paine and his crew captured the ups and downs of electric vehicles» development amid the Great Recession — when GM went bankrupt and its executives made the blunder of flying to Washington, D.C., in private jets to seek federal bailout money; when Tesla Motors almost missed payroll, having built only 100 cars and spent $ 100 million; and when Nissan chief Carlos Ghosn was grilled by the press about the $ 6 billion gamble he was taking on the Leaf.

While this sounds like monetary madness, it should be remembered that Ben Bernanke, former Chair of the US Federal Reserve, urged such action on the Japanese government a decade ago to deal with that country's deflationary crisis, and referenced Milton Friedman's argument that a central bank financed stimulus via a «helicopter drop» of money could have saved the United States from the Great Depression.

When you reach the age of 59 1/2 you are allowed to withdraw the money from your account, minus state and federal income taxes on the full amount.

The money for the process came from $ 20 million that Congress authorized the Department of Homeland Security to pull from other places in the budget earlier this year after President Donald Trump signed an executive order in January directing the federal government to begin construction on the border wall as soon as possible.

On 6 August 2013, Federal Judge Amos Mazzant of the Eastern District of Texas of the Fifth Circuit ruled that bitcoins are «a currency or a form of money» (specifically securities as defined by Federal Securities Laws), and as such were subject to the court's jurisdiction, [274][274] and Germany's Finance Ministry subsumed bitcoins under the term «unit of account» — a financial instrument — though not as e-money or a functional currency, a classification nonetheless having legal and tax implications.

And all of this disclosed money spigot came on top of the Federal Reserve secretly funneling to Citigroup over $ 2 trillion in cumulative loans over more than two years at interest rates frequently below 1 percent.

It is notable that the 3 - month Treasury bill yield dropped to 0.11 % from 0.15 %, which is actually a good sign in the sense that it will facilitate the willingness to hold the additional base money the Federal Reserve has created in recent weeks without immediate inflation pressures, though it clearly comes at the expense of individuals on fixed incomes who rely on interest on certificates of deposit and the like.

On February 23, 1995 then - Fed chairman Alan Greenspan, in his semi-annual Humphrey - Hawkins Act testimony to Congress, announced that he was ending his period of money tightening that had taken the federal funds rate up to 6 % and would start letting rates decline.