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House Republicans released a tax reform plan Thursday that would eliminate a tax break for Americans with student debt.The student loan interest tax deduction saves people as much as 5 a year, though most see a smaller benefit.The sweeping legislation was described by House Speaker Paul Ryan as a series of tax cuts aimed at helping most Americans. But it eliminates or limits some tax deductions and exemptions to fund those cuts.The student loan interest tax deduction is just one on the chopping block. The bill still needs to be approved by both the House and Senate, and signed by President Trump, who has said it will be done "before Christmas."Here's how it currently works: Those eligible can claim up to ,500 of what they paid toward the interest on their student loans, but not the principal.It's an "above the line" deduction that can be claimed without itemizing. But it's only available to borrowers with a modified adjusted gross income of less than ,000 (0,000 for married couples filing jointly.) The benefit is gradually reduced once you earn at least ,000 (or 0,000 for couples).About 12 million people claimed the student loan interest deduction in 2015, according to the IRS. More than 40 million Americans have student debt.The student loan interest deduction cost the federal government billion in foregone revenue during 2016, according to a report from The Pew Charitable Trusts.The cost has more than doubled since 2007 as student loan balances grew, even though the maximum deduction (,500) hasn't changed since 2001, the report said.Still, it costs less than the American Opportunity Tax Credit. That allows families who are paying for college out-of-pocket to claim up to ,500 per student. The benefit, which cost nearly billion in 2016, would be preserved under the House Republican plan.Even if the federal student loan interest deduction is repealed by Congress, you may still qualify for a state deduction. Thirty-seven states and D.C. offer a similar benefit, according to The Pew Charitable Trusts.The House bill also proposes nearly doubling the standard deduction. It would raise it for singles to ,000 and for married couples filing jointly to ,000. 2279

In a debate that featured frequent interruptions, President Donald Trump and former Vice President Joe Biden sparred for the first of three meetings between the two candidates.Despite frequent interruptions and personal attacks, several important questions on policy were asked, but not always answered.1) Biden opposes Green New DealBiden said he is not in favor of the so-called “Green New Deal,” and instead prefers the “Biden Plan.” But on Biden’s website, he says, “Biden believes the Green New Deal is a crucial framework for meeting the climate challenges we face.”During Tuesday’s debate, Biden said, "No, I don't support the Green New Deal. I support the Biden plan I put forward, which is different than what he calls the radical Green New Deal."When pressed on the cost of his plan, Biden said his plan would add millions of jobs."We are going to be in a position where we can create good jobs by making sure the environment is clean and we are all in better shape," Biden said.2) A vaccine is coming, Trump saysTrump said that the US will see coronavirus vaccines faster than some public health experts say the country should expect to see them.“We have our military that delivers soldiers and they can do 200,000 a day,” Trump said.Trump said that the federal response to the coroanvirus has saved thousands of lives."We got the gowns, we got the masks, we made ventilators, you wouldn't have made ventilators, and now we are weeks away from the vaccine, we are doing therapeutics already, fewer people are dying when they get sick, far fewer people are dying. We've done a great job," Trump said.3) Biden won’t answer if he’d pack the Supreme CourtAs Senate Democrats have toyed with the idea of adding Supreme Court justices if he is elected along with a Democratic-majority Senate, Biden would not answer whether he would agree with the plan.“Whatever position I take on that, that will become the issue,” Biden said. “The issue is, the American people should speak. You should go out and vote. You're in voting now.”Trump then pressed Biden to answer the question, Biden responded, "Will you shut up, man?"4) Trump lacks specifics on health care planTrump was pressed by moderator Chris Wallace to explain how he would replace the Affordable Care Act if given a second term. Trump has been trying to get the remaining provisions of the act revoked in federal court after getting the individual mandate struck down.Trump signed an executive order in July to offer Medicare prescription drug rebates. The effects of that rebate are too early to tell.“I'm cutting drug prices into going,” Trump said, "which no president has encouraged to do because you are going against big pharma. At the prices, they will be coming down 80 to 90%. You could have done it during your 47 year period in government, but you didn't do it. Nobody has done it.”“He has no plan for healthcare,” Biden responded. “He sends out wishful thinking. He has executive orders that have no power. He hasn't lowered drug costs for anybody. He has been promising the plan since he got elected. He has none, almost like everything else he talks about. He does not have a plan.”5) Biden, Trump disagree on trusting election resultsWhile Biden said he would accept the results of the upcoming election once the votes are counted, Trump would not make the same declaration.“The fact is I will accept it and he will too. You know why? Because once the winner is declared after all the, all the ballots are counted, all the votes are counted. That'll be the end of it. That will be the end of it,” Biden said.Trump said that the Supreme Court might need to be involved with the election.“ I think I'm counting on them to look at the ballots, definitely. I don't think, well, I hope we don't need them in terms of the election itself, but for the ballots, I think so," Trump said. 3864

If you've ever wanted to be an FBI agent, but don't have a law enforcement background, now is your chance. FBI Supervisory Special Agent Martin Hellmer says in the cyber division, there's a place for you."There is a critical need for cyber minded people, technically trained people, across the board," he said.In the current day and age, Hellmer says people might not realize how much of a role technology, the Web, and cyber topics play in the FBI's ability to successfully investigate criminal matters."Most of what we do, whether we're investigating a bank robbery, a fugitive case, or a computer intrusion, a sophisticated computer intrusion, involves some sort of technical component, and therefore requires some technical know-how," Hellmer said. "Behind every computer or any smart device is a person. So there's always a human component to any sort of crime that that person might be conducting using their computer, smartphone, or any other sort of device."There is a big difference between cyber crime, and cyber warfare, according to the supervisory special agent."Cyber crime entails some sort of victimization of someone else. We usually think of that as financial victimization, or harassment, that sort of thing," he said. "Cyber warfare would entail a national security component."Now, more than ever according to Hellmer, the FBI is in need of cyber-minded people."System administration, general information technology, software engineering, network engineering, computer science," he said. "Any of those disciplines, or a background in any of those disciplines, is a need for the FBI right now."As cyber criminals are getting smarter and better at what they do, Hellmer says by recruiting bright minds, the FBI can always stay one step ahead of them."As criminals become more advanced in technical know-how and committing crimes online," he said. "We at the FBI try to remain one step ahead of them by hiring technically-minded people, smart people, who know cyber."If you'd like to learn more about careers at the FBI, click here. 2087

IMPERIAL BEACH, CALIF. (KGTV) - The City of Imperial Beach is getting a big help for its emergency management from the Scripps Institution of Oceanography.A 0,000 donation from the David C. Copley Foundation is funding a flood alert system monitored by the Scripps Institution of Oceanography at the University of California San Diego The Resilient Futures program will create a flood alert system customized to the specific needs of Imperial Beach. A network of instruments to measure local wave and water level conditionsIt is something that people are concerned about and they want to know how often is this likely to occur as sea levels continue to rise,” said Mark Merrifield, the director of the Coastal Data Information Program at Scripps.Imperial Beach is one of the most vulnerable in California to sea-level rise as it experiences flooding during periods of extreme high tides and winter swell.The main data gathering buoy is 2-miles off the coast and already transmitting data back to scientists.Scientists say it is their intention to develop the program in IB and expand to other beach communities.  1148

HOUSTON (AP) — A federal judge has ordered the release of children held with their parents in U.S. immigration jails and denounced the Trump administration’s prolonged detention of families during the coronavirus pandemic. U.S. District Judge Dolly Gee’s order Friday applies to children at three family detention centers in Texas and Pennsylvania operated by U.S. Immigration and Customs Enforcement. Some have been detained since last year. Citing the recent spread of the virus in two of the three facilities, Gee set a deadline of July 17 for children to either be released with their parents or sent to family sponsors. 632

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