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Showing posts with the label payment

How DA could use hush money payment to Playboy model Karen McDougal to bolster Trump case

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Sources told ABC News the Manhattan District Attorney’s office is also investigating a $150,000 payment to Playboy model Karen McDougal as part of the Trump case. In addition to former President Donald Trump’s alleged role in the $130,000 hush payment to adult film actress Stormy Daniels, sources familiar with the matter told ABC News the Manhattan District Attorney’s office is also investigating a $150,000 payment to Playboy model Karen McDougal, who, like Daniels, claimed to have had an affair with Trump. The former president, who was indicted Thursday in New York on charges which remain sealed, has denied having an affair with either woman and has called the entire investigation a witch hunt. A spokeswoman for the Manhattan District Attorney’s office declined to comment. MORE: The Manhattan DA's investigation into Trump and the Stormy Daniels hush payment, explained McDougal was paid for the rights to her story in August 2016 by American Media, publisher of the National Enqui...

Debt ceiling timeline: When are Medicaid, Social Security and other payments in jeopardy

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Unless Washington reaches a deal on the debt ceiling, payments millions of Americans rely on each month could be in jeopardy in little more than a week. Unless Washington reaches a deal on the debt ceiling, government payments millions of Americans rely on each month could be in jeopardy in little more than a week. While the deadline politics play out in Washington, the uncertain timeline of exactly what happens next -- both with those payments and to people's bank accounts -- is only adding to growing anxiety. Treasury Secretary Janet Yellen maintains the nation could be unable to pay all of its bills in early June, possibly as early as June 1, though the exact date remains unclear. That means billions of dollars scheduled for programs such as Social Security, Medicare and Medicaid, as well as Military salaries and veterans benefits, are at risk of going unpaid or being delayed if no agreement is reached. MORE: 'It's not their money': Older Americans worried debt d...

Student loan interest to resume, inching closer to end of loan payment pause

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Friday will mark the first significant step toward restarting the student loan process: borrowers will once again see interest accrue on their loan balances. It's a moment those with student loans have been dreading -- payments are one step closer to resuming. After a three-year pause on federal student loan payments, Friday will mark the first significant step toward restarting the process: borrowers will once again see interest accrue on their loan balances. The milestone comes one month ahead of the next major date for millions of American borrowers, Oct. 1, when payments will be due. MORE: Biden administration begins canceling student loan debt for 804,000 borrowers The two-step approach to restarting the student loan system is meant to give borrowers -- and servicers -- a slower on-ramp to dust off the cobwebs on a process that's long been stalled because of the pandemic. But the circumstances for restarting payment s are far from what the Biden administration intended. P...

Sarah Huckabee Sanders defends herself from podium controversy after unusual $19K payment

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Sarah Huckabee Sanders is embroiled in a controversy known as #PodiumGate, involving a $19,029.25 payment with tax dollars and an alteration to an invoice Arkansas Gov. Sarah Huckabee Sanders is embroiled in a controversy dubbed by critics and the media as #LecternGate or #PodiumGate -- a silly-sounding name for a potentially serious issue involving an unusual payment with tax dollars and an alteration to the receipt of how that money was spent. While there have been many twists and turns, at the heart of the incident is an invoice for a $19,029.25 purchase that was made in June by Sanders' office with a state-issued credit card and later reimbursed by the state's Republican Party, purportedly for a custom-made lectern. Now, however, that purchase and the unusual way in which it was eventually revealed are drawing scrutiny as alleged waste or wrongdoing. The state Legislature recently launched an ongoing audit, which Sanders, a rising Republican star and former Trump White Ho...

After adjusting to life without student loans, payment restart brings hard choices

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As 28 million Americans begin repaying their federal student loan debt, economists say that won’t dramatically cut into spending but will force painful changes to budgets The pandemic pause on federal student loan payments sparked a rare opportunity for Sarah Wood and her husband: funneling the money for their monthly student loan bills to their children's education, instead of paying off their own. Over the three-year freeze on payments, in the wake of the onset of COVID-19, the couple was able to build up college funds for their 8-year-old twin daughters. "It was a huge, huge relief," Wood said in an interview from her Denver home. "We were able to save more aggressively for their college education, having both been through this situation -- that we want to so, so strongly avoid for them -- we were able to save more." Wood, 40, took out $118,000 in student loans for a master's degree in education from Columbia University back in 2010. Since then, with an ...

Student loan payments restart Oct. 1. Here's what to know

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Payments will be due even if the government shuts down. The government's unprecedented three-year pause on federal student loan payment s officially ends this Sunday, Oct. 1, when roughly 28 million borrowers will once again be on the hook for their loans. The restart to payments comes after eight extensions of the pandemic-era pause, beginning during former President Donald Trump's administration. The end to the pause was finally set in stone after the Biden administration's attempt at broader debt cancellation was thwarted by the Supreme Court in June. Throughout the twists and turns, many borrowers have been left confused about the status of their loans and how policy changes could impact them. Here's what borrowers need to know. Find out how much you owe and when you owe it Not all borrowers' bills will be due on Oct. 1 -- you can find your specific payment date through your loan servicer, a private company that handles federal government loans. The bill due...