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The $94.5 billion is the face value of the interest portion of the bonds.
When they itemize, the self-employed may claim the interest portion of their car payments as an expense, along with all other annual costs of driving for business.
Salomon Smith Barney offered yesterday to buy $94.5 billion worth of the interest portion of Treasury securities, known as strips, from institutional and retail owners.
The longer the borrower held the loan, the smaller the interest portion of each payment, making the savings even greater for long-term homeowners.
Since the Fed's profits come primarily from interest on Treasury securities, its payment to the Treasury in effect offsets much of the net interest portion of the budget.
In addition, the I.R.S. does not let employees claim the interest portion of car payments as an auto expense, so their allowable "actual expenses" will be lower than those for the self-employed.
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Salomon is offering investors cash for the interest portions of the bond, or would swap them for a principal portion.
Salomon said it wanted to combine the interest portions with bond principal to create whole bonds that would be eligible for sale back to the Treasury as part of the government's buyback program.
But there are some obvious caveats.The low-interest portion of the Advantage mortgage may entice homebuyers who are struggling to afford their regular payments, thus tilting the loan book towards the least creditworthy part of the market.
A relatively new plan allows municipalities to borrow from the state pension fund, with interest, a portion of their required contributions to the pension system.
The interest search portion of Graph Search is pretty extensive, unlocking all types of content on Facebook.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com