Page 3 - Loan Back News Today : Breaking News, Live Updates & Top Stories | Vimarsana

welcome to "american morning." >> good morning to you, and to you. it is a busy week. breaking news. freedom coming for two u.s. hikers held priter in in iran. they could be out with the half hour. right to mohammed jamjoon covering this. what's the latest? >> reporter: well, ali, we've heard from a lawyer from the the two detained hikers tells us a second judge in iran has signed the paperwork, the bail paperwork for josh fattal and shane bauer. the lawyer says now he can take that paperwork and start the procedures to free them. he expects they will be free with the half hour. also...

Immediately repayable? you have to pay it right away. >> you really, before you do any of these, especially the loan you want to feel good about your employment situation. if you lose your job, if you quit, or you are let go, you have 60 days, and that is it, not 61, 60 days, to pay that loan back, 100%, or it will count as a taxable distribution. the penalty, 10% penalty may apply, and there really is nothing you can do about that. if it goes past 60 days. >> jamie: taxed as if you had additional income and you have to talk to your accountant. last question, there has never been a better time...

Housing budget. give a salvo, return the punch and come back and be more progressive. >> why done you go back and look at all of the republican chipping away at the siegel act which caused the financial crisis. it is the -- [ talking over each other ] >> that salvo was unfair. he suggested that the republican party was not aware of what was going on. he can't blame he was aware of it. listen to barney frank. >> we need to have a solution here. >> sean: we are going to repeat -- you're wrong in stating where the problem came from. the problem came from this notion that everybody in america had ...

Give a salvo, return the punch and come back and be more progressive. >> why done you go back and look at all of the republican chipping away at the siegel act which caused the financial crisis. it is the -- [ talking over each other ] >> that salvo was unfair. he suggested that the republican party was not aware of what was going on. he can't blame he was aware of it. listen to barney frank. >> we need to have a solution here. >> sean: we are going to repeat -- you're wrong in stating where the problem came from. the problem came from this notion that everybody in america had a right to a hou...

When you cut out the middle man? you save money. the congressional budget office predicts that this bill will save $61 billion over ten years. $61 billion. now, let's talk about how that $61 billion becomes relevant to you. of the $61 billion in savings over ten years, $36 billion will be redirected into pell grants. $4 billion will go to historically black colleges. and here's the rub, $19 billion of the savings, one-third of the savings, will go toward deficit reduction. and those health care costs. so basically, more pell grants, more money for historically black colleges, but it disproport...