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Bernie Sanders unveiled his plan Monday to eliminate .6 trillion in student loan debt for about 45 million Americans. The "College for All" act would make two- and four-year public colleges tuition-free and debt-free, and trade schools and apprenticeship programs would also be tuition-free.The program would cost .2 trillion to implement. How will the money be raised? According to the plan Sanders laid out, it will include a 0.5 percent tax on stock trades (or 50 cents for every 0 worth of stock), a 0.1 percent fee on bonds and a 0.005 percent fee on derivatives — so, essentially, a new tax on financial transactions. The Vermont senator's office says the plan would raise .4 trillion over the next decade.But while the nationwide total for student loan debt is about .6 trillion, according to the 827
Barraged by hundreds of sex-abuse lawsuits, the Boy Scouts of America filed for bankruptcy protection Tuesday in hopes of working out a potentially mammoth victim compensation plan that will allow the hallowed, 110-year-old organization to carry on. The Chapter 11 filing in federal bankruptcy court in Wilmington, Delaware, sets in motion what could be one of the biggest, most complex bankruptcies ever seen. Scores of lawyers are seeking settlements on behalf of several thousand men who say they were molested as scouts by scoutmasters or other leaders decades ago but are only now eligible to sue because of recent changes in their states’ statute-of-limitations laws.By going to bankruptcy court, the Scouts can put those lawsuits on hold for now. But ultimately they could be forced to sell off some of their vast property holdings, including campgrounds and hiking trails, to raise money for a compensation trust fund that could surpass a billion dollars. The bankruptcy petition listed the Boy Scouts’ assets as between billion and billion, and its liabilities at 0 million to billion.“Scouting programs will continue throughout this process and for many years to come,” the Boy Scouts said in a statement. ”Local councils are not filing for bankruptcy because they are legally separate and distinct organizations.”The Boy Scouts are just the latest major American institution to face a heavy price over sexual abuse. Roman Catholic dioceses across the country and schools such as Penn State and Michigan State have paid out hundreds of millions of dollars in recent years.The bankruptcy represents a painful turn for an organization that has been a pillar of American civic life for generations and a training ground for future leaders. Achieving the rank of Eagle Scout has long been a proud accomplishment that politicians, business leaders, astronauts and others put on their resumes and in their official biographies.The Boy Scouts’ finances have been strained in recent years by declining membership and sex-abuse settlements.The number of youths taking part in scouting has dropped below 2 million, down from more than 4 million in peak years of the 1970s. The organization has tried to counter the decline by admitting girls, but its membership rolls took a big hit Jan. 1 when The Church of Jesus Christ of Latter-day Saints — for decades a major sponsor of Boy Scout units — cut ties and withdrew more than 400,000 scouts in favor of programs of its own.The financial outlook had worsened last year after New York, Arizona, New Jersey and California passed laws making it easier for victims of long-ago abuse to file claims. Teams of lawyers across the U.S. have been signing up clients by the hundreds to sue the Boy Scouts.Most of the newly surfacing cases date to the 1960s, ’70s and ’80s; the organization says there were only five known abuse victims in 2018. The Boy Scouts credit the change to an array of prevention policies adopted since the mid-1980s, including mandatory criminal background checks and abuse-prevention training for all staff and volunteers, and a rule that two or more adult leaders be present during all activities.In many ways, the crisis parallels the one facing the Catholic Church in the U.S. Both institutions boast of major progress over recent decades in combating abuse. whether by priests or scout leaders, but both face many lawsuits alleging negligence and cover-ups, mostly decades ago.“We are outraged that there have been times when individuals took advantage of our programs to harm innocent children,” said Roger Mosby, the BSA’s president and CEO. “While we know nothing can undo the tragic abuse that victims suffered, we believe the Chapter 11 process, with the proposed trust structure, will provide equitable compensation to all victims while maintaining the BSA’s important mission.”The BSA said it is encouraging all victims to come forward to file a claim in the case. A deadline for filing claims has not yet been set by the bankruptcy court, but the BSA said that would likely happen later this year.Among other matters to be addressed in bankruptcy court: the fate of the Boy Scouts’ assets; the extent to which the organization’s insurance will help cover compensation; and whether assets of the Scouts’ 261 local councils will be added to the fund. “There are a lot of very angry, resentful men out there who will not allow the Boy Scouts to get away without saying what all their assets are,” said lawyer Paul Mones, who represents numerous clients suing the BSA. “They want no stone unturned.”Amid the crush of lawsuits, the Scouts recently mortgaged the major properties owned by the national leadership, including the headquarters in Irving, Texas, and the 140,000-acre Philmont Ranch in New Mexico, to help secure a line of credit.Founded in 1910, the Boy Scouts have kept confidential files since the 1920s listing staff and volunteers implicated in sexual abuse, for the avowed purpose of keeping predators away from youth. According to a court deposition, the files as of January listed 7,819 suspected abusers and 12,254 victims. Until last spring, the organization had insisted it never knowingly allowed a predator to work with youths. But in May, The 5265

Another sports star showed some serious gratitude to South Florida restaurant workers with a sizable tip.Che Restaurant in Delray Beach posted Sunday on Instagram that one of their waitresses recently received a ,000 tip on a 0 check from Cleveland Cavaliers center Andre Drummond.The restaurant said the waitress seated and served the two-time NBA all-star and wasn't aware of who he was.Restaurants and their employees have been severely impacted by shutdowns due to the coronavirus, so the generous tip was greatly appreciated. "It’s so amazing to see people displaying acts of kindness in these uncertain times," the waitress said in her post.The restaurant 679
An emergency landing went horribly wrong Sunday night as a plane crashed in San Antonio, leaving three dead, according to fire officials.The small, single-engine plane was leaving Sugar Land and headed to Boerne, Texas, when it developed engine trouble, San Antonio Fire Chief Charles Hood told 307
Burger King wants its customers to enjoy eating their food safely - hence why they've come up with a smart idea: social distancing crowns. 150
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