Word: loan
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Dates: during 1980-1989
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...benefits one has received, I do not think the Nunn plan will accomplish this goal. In order to finance this program, the government would have to cut all existing federal aid programs such as the Pell Grant, College Work Study and the NDSL, GSL and the SEOG loan and grant programs...
...protect the defense budget and farm subsidies. Asked last week if his read-my-lips pledge would expire after one year, Bush replied meekly, "I'd like it to be a four-year pledge." But even he acknowledged that the kind of flap that followed the savings and loan mess may be repeated when he tells a joint session of Congress on Feb. 9 which promises he will keep and which ones he will abandon. "Look, I don't expect it's all going to be sweetness and harmony and light," the President said. "The minute we get those proposals...
...incentive allows a company sponsoring an ESOP to deduct not only the interest on the loan to buy stock for the plan but also the principal. Another tax break gives banks and other lenders a 50% deduction on their income from ESOP loans, which enables them to charge lower interest rates to companies that borrow for such programs. "These are the kinds of tax incentives that corporate owners dream of," says ESOP expert Joseph Blasi of California Polytechnic State University in San Luis Obispo...
...only economic proposal coming out of the White House was met with widespread protest. Bush's suggested fee on savings accounts to help bail out the troubled Savings and Loan industry, drew fire from congressional leaders like Wirth, who serves on the Banking and Budget Committee...
Although the case was settled out of court in December, Bulger had received $240,000 out of the payment through a trust fund. Bulger has said that the money was a loan against future legal fees and that he repaid the loan with interest once he knew Brown was the source of funds...