Sen. Max Baucus, D-Mont., introduced a bill that includes a measure that would extend the Build America Bonds program for one year at a 32% subsidy rate. The legislation would also extend other expiring or expired tax and bond initiatives. Legislation introduced in the House would extend the BAB program for two years with a gradually declining subsidy rate. Take the opportunity to hear the latest developments in the BAB market from SIFMA.
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