Word: payment
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Panama is also seeking increased traffic payments in proportion to all the economic benefits that the U.S. and other nations derive from the Canal's geographic location (a saving of $8.5 billion projected for this decade, according to a recent U.N. study). Washington has agreed to increase the current $1.8 million annual payment (a bargain negotiated in 1914) to about $25 million a year. Panama rejected this offer...
...FAMILY ASSISTANCE PLAN rolled a guaranteed annual income and a negative income tax into one structure. The $4 billion plan, involving only families, started with a base payment of $1600 (to a family of four) and added increments for additional children. The negative tax was set up so that every dollar over $720 earned by the family reduced the income subsidy by 50 cents--a 50 per cent marginal tax rate. The plan would most benefit the working poor who were not covered under Federal Aid to Dependent Children. Combined with existing programs--food stamps, medical payments, and public housing...
...said that the equal installment loan program, by requiring a uniform annual payment over ten years, does not account for the relatively low income a recent graduate is expected to earn. It forces the heaviest financial burden on the first years after graduation which, in turn, makes a student more liable to default on his loan, he said...
Financial considerations are prodding the government to object to this plan of payment, Gibson explained. In case of default, the graduated installments would create a greater outstanding balance which the government would be forced to absorb...
...written the church into their wills. He insists that cathedral investors are not worried about their investments; they are pious folk who regard the church's securities as a contribution to gospel spreading. As Humbard told TIME Correspondent Richard Ostling last week: "We have never missed an interest payment. We're not in default with our people. If Government regulators try to force us into a corner, it's the noteholders they say they're trying to protect who will suffer...