Susan Davis (D-Calif.) acknowledged that there is a crisis in VA health care without
guaranteed funding.
This category also includes claims (42) on, or
guaranteed by, a qualifying securities firm (43) incorporated in the United States or other member of the OECD-based group of countries provided that: the qualifying securities firm has a long-term issuer credit rating, or a rating on at least one issue of long-term debt, in one of the three highest investment grade rating categories from a nationally recognized statistical rating organization; or the claim is
guaranteed by the firm's parent company and the parent company has such a rating.
Certainly, we need a national approach to
guaranteed funds.
How could such double-dealing happen with publicly
guaranteed funds?
Where a future obligation is being
guaranteed and there is no specification of either the upper limit of the guarantor's exposure or the time limit on the length of the guarantee, the guarantor may withdraw the guarantee.
By doing this, the couple can use the annuity income stream that is
guaranteed for life to replace the lost Social Security benefit upon the death of a spouse.
For example, a contract might provide that money invested in the annuity for a period of time will earn a
guaranteed minimum rate of return.
that Forsythe and IE
guaranteed. The loan guarantee said neither of them would be entitled to reimbursement for any payments they made under the guarantee.
What is needed is a mandatory or
guaranteed funding mechanism that ensures veterans get the health care they need.
The bill would allow the SBA to increase its total
guaranteed lending in fiscal year 1996 to $12.6 billion from $8.25 billion in fiscal year 1995.
These securities would be
guaranteed by the credit of the State of New York or of a state agency.