Minnesota
Student loan forgiveness will be taxable in Minnesota
5 issues you must learn about pupil mortgage forgiveness
President Joe Biden detailed plans Wednesday to forgive as much as $20,000 in pupil mortgage debt. This is what debtors have to learn about what Biden introduced, and what comes subsequent.
MINNEAPOLIS (FOX 9) – Pupil mortgage forgiveness will not be taxed federally, however it will likely be taxable in Minnesota until the state Legislature acts, Minnesota income officers say.
The reason being the Legislature by no means handed its 2022 tax invoice to evolve with federal adjustments, together with pupil mortgage forgiveness.
The forgiveness would improve an individual’s tax legal responsibility and doubtlessly scale back tax credit or deductions an individual would in any other case be eligible to obtain, state income officers mentioned.
5 issues you must learn about pupil mortgage forgiveness
This information comes a day after President Joe Biden on Wednesday introduced a wide-sweeping debt cancellation program during which many may get $10,000 forgiven — and much more for these with the best monetary want. Debtors who earn lower than $125,000 a yr can be eligible for $10,000 in mortgage forgiveness. Those that acquired Federal Pell Grants, a type of need-based federal monetary help, can get $20,000 of mortgage forgiveness.
Interview: What debtors have to learn about Biden’s pupil debt forgiveness plan
Fox 9’s Theo Keith interviews Mark Kantrowitz, a nationally acknowledged professional on pupil debt, about Biden’s plan and what debtors have to know.
Minnesota vs Illinois: Who are the projeced starters for both teams?
The Minnesota Golden Gophers will take on the Illinois Fighting Illini on Saturday afternoon at 11:00 a.m. CT in Champlain. The Gophers are seeking their fourth straight win and their sixth win of the season to officially become bowl eligible.
Illinois on the other hand will look to get back in the win column after suffering their second loss of the season last week to Oregon 38-9. The Illini entered this week ranked No. 24 in the AP Poll.
With that being said, who are the projected starters for the Golden Gophers and Illini on Saturday and are there any injury concerns amongst the starters for both teams?
In terms of offensive injury concerns, Minnesota enters this game healthy, Illinois, however, will be potentially without starting wide receiver Pat Bryant. Bryant left last week’s game against Oregon with a head injury. He’s expected to be a game time decision on Saturday afternoon.
Both sides are rather healthy on the defensive side of the ball entering this week. While not a starter, safety Darius Green would likely be considered questionable at this moment. He was questionable in the Gophers win last week over Maryland and did not appear in the game. The Illini enter this week healthy on defense.
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Blue Cross and Blue Shield of Minnesota has reached a settlement with the state attorney general over concerns the Eagan-based health insurer failed to comply with laws insisting that health plans cover mental health services the same as they cover treatments for physical health problems.
The Minnesota Blues plan denied any wrongdoing, but agreed to a series of new oversight provisions. In addition, the insurer will operate under new mental and behavioral health care rules that call for prompt decisions on prior authorization requests as well as applications by health care providers to join the health insurer’s network.
Blue Cross will be required to pay a $300,000 civil penalty if a court finds the insurer has violated terms of the settlement, which was announced Friday. In addition, Blue Cross is contributing $600,000 to a center for rural behavioral health at Minnesota State University-Mankato.
“Mental and behavioral health care is health care, period,” Minnesota Attorney General Keith Ellison said in a statement. “We expect someone with a broken leg to be able to get the care they need, and the same should be true of Minnesotans struggling with conditions like depression or substance use disorder.”
Blue Cross said in a statement that it shares Ellison’s commitment to ensuring patients have timely access to “high quality and affordable mental health care.”
“Blue Cross has enhanced our practices related to addressing mental health benefits and access to care to ensure we are meeting the high expectations of members and other stakeholders,” the insurer said. “Today, our strategy is focused on transforming all mental health solutions in ways that can set new industry standards for equitable access to optimal care.”
The settlement is the latest in a series of agreements over the past 18 months between the state and Minnesota health insurers for improved coverage of mental health.
The earlier agreements were prompted by alleged violations of mental health parity laws, which have been adopted over the past two decades to improve patient access to mental health and behavioral health treatments.
The Vikings have lost back-to-back games after starting 5-0. Now they will turn to Cam Robinson, 29, to help protect quarterback Sam Darnold’s blindside after losing standout LT Christian Darrisaw to a torn ACL and MCL. Can they get a win this week against a Colts team that has benched Anthony Richardson in favor of Joe Flacco?
Week 9 vs. Indianapolis Colts, Sunday at 7:20 p.m. CT (NBC)
Catch up on what you need to know from this week on the Vikings:
• Vikings trade for Jaguars LT Cam Robinson
The Vikings addressed their massive void at left tackle by trading for Jaguars offensive lineman Cam Robinson.
• Vikings not sweating rookie’s quiet start
“I think Dallas (Turner) is going to be just fine. I think everybody wants everything right now, and he does, too. We’ll get him out there.”
• Meet the former Vikings visionary known as the grandfather of NFL analytics
Retired analyst Mike Eayrs was “so far ahead of the curve” that he is credited with popularizing data science in the NFL in the 1980s.
• What Christian Darrisaw’s injury means
Losing their talented left tackle will make it harder for an inconsistent Vikings offense that has already had trouble sustaining drives.
• 📈Power Rankings: Vikings at No. 8
The No. 17 pick in this year’s draft has one sack and three quarterback pressures through seven games.
Coach O’Connell speaks about new LT Cam Robinson pic.twitter.com/hVymPdY6vo
— Minnesota Vikings (@Vikings) October 30, 2024
Scouting the Colts
• Joe Flacco will be Colts starting QB ‘going forward’
The decision to bench Anthony Richardson and start Joe Flacco at quarterback is not a temporary one, coach Shane Steichen said.
• Anthony Richardson has hard lesson to learn from the bench
Richardson’s time in Indianapolis may not be over, but his path back to being the Colts starting QB will be a big challenge.
• NFL execs debate Colts benching Richardson
“He hasn’t had many live reps in his football career. This season should have been presented as that development and growth across the board.”
• Richardson’s benching goes far beyond his play
“What a fascinating management dilemma to be in,” a former executive from one of the Colts’ division rivals said.
• Colts GM Chris Ballard has failed to live up to bold promises
Technically, Ballard still has personnel control in Indy, but the chances of him fulfilling the promise proclaimed by his owner are dwindling by the day.
How good are the Vikings?
Check out Austin Mock’s 2024 NFL projections, where you will find each team’s probability of conquering its division, advancing through the playoffs and winning the Super Bowl. The projections are based on 100,000 simulations of the remainder of the season, which factors in each team’s projected strength, current health as well as its remaining schedule.
(Photo of Justin Jefferson: Harry How / Getty Images)
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