TITLE

Banks left hanging by budget impasse

AUTHOR(S)
Garsson, Robert M.
PUB. DATE
January 1996
SOURCE
American Banker;1/12/1996, Vol. 161 Issue 8, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the impact of the 1996 budget legislation on the banking industry in the United States. Financing of the thrift bailout; Relief on trust fund conversions; Liberalization of individual and small-business exemptions from estate taxes.
ACCESSION #
9601261380

Tags: BUDGET -- United States;  BANKING industry -- United States

 

Related Articles

  • Banks, insurers unite against proposed variable annuity tax. Anason, Dean // American Banker;2/9/1998, Vol. 163 Issue 26, p4 

    Opinion. Looks at the 1999 budget proposal by United States President Bill Clinton and how it is being opposed by banking and insurance industries. How annuities will be taxed under the proposal; Detailed information on how the industries will be affected.

  • State Bank Fees May Not Appear In Bush's Budget. Heller, Michele // American Banker;1/30/2002, Vol. 167 Issue 20, p4 

    Reports that state-chartered banks' examination cost fees will not appear in 2003 federal budget plan in the United States. Reason for leaving banks fees from the budget; Impact of including bank fees on banking industry.

  • Ag Lenders Sweat Out Budget Plan. Jackson, Ben // American Banker;04/12/2001, Vol. 166 Issue 71, p1 

    Focuses on the reactions of farmers and agricultural banks to United States President George W. Bush's proposed budget for 2002. Concerns raised by the farmers and banks regarding the Department of Agriculture budget; Expected reduction in the Business and Industry Guaranteed Loan program as a...

  • President's budget worries banks about keeping their student loan rate subsidy. Harrison, David // American Banker;2/4/1999, Vol. 164 Issue 23, p3 

    Reports that banks in the United States are apprehensive about the planned budgetary cuts that may eliminate interest rate subsidy for student loans. Industry officials' concern regarding the reopening of the Higher Education Amendments of 1998; Plan of the government to allow borrowers...

  • Clinton's budget would raise bank trade groups' tax bills. Harrison, David // American Banker;2/22/1999, Vol. 164 Issue 34, p2 

    Discusses the United States government's proposal to tax trade associations' investment income, as part of the fiscal 2900 Budget. Implications for banking industry trade groups; Reaction of officials of banking groups to the proposal; Terms of the proposal; Prospects for the proposal's passage.

  • Clinton Budget Will Have Banks Fighting Some Old Taxation and Fee Battles Again. ANASON, DEAN // American Banker;2/8/2000, Vol. 165 Issue 26, p1 

    Focuses on the approval of the national budget for fiscal 2001 by United States President Clinton which caused apprehensions in the country's banking industry. Renewal of banks' fights against various fees and tax increases; Attempts by the government to impose examination fees on...

  • Ad Spending by Banks: $287-Million for '67. Van Doren, Lawrence N. // Banking;Mar67, Vol. 59 Issue 9, p67 

    Focuses on the advertising expenditure of commercial banks in the U.S. Percentage of budget allocated to each service; List of the most important advertising jobs; Details of the commercial banks' expenditures in 1967. INSET: Advertising . . . as in Marketing.

  • State budget not as bad as many bankers feared. Tampone, Kevin // Business Journal (Central New York);4/27/2007, Vol. 21 Issue 17, p1 

    The article reports on the budget proposal by Governor Eliot Spitzer, which was criticized by New York State's banking community, where there will be changes to be made in the tax code. According to the budget office of the state, the proposed changes would have generated $181 million in...

  • Banks Take Aim At Obama Plan To End Deduction. Sloan, Steven; Flitter, Emily // American Banker;2/27/2009, Vol. 174 Issue 39, p3 

    The article reports that the banking industry is not pleased with U.S. President Barack Obama's budget plan. According to the article, the industry is concerned about a provision that would eliminate a tax deduction on mortgage interest for filers who earn more than $250,000 a year, which will...

Share

Read the Article

Courtesy of your local library

Public Libraries Near You (See All)
Looking for a Different Library?

Other Topics