Participants in the municipal bond market are urging Congress to either extend or expand provisions in the American Recovery and Reinvestment Act, such as the Build America Bonds program. "Obviously, I think there's a lot of hope that the temporary provisions, some of them at least, will be extended," said Thomas Vander Molen, a partner with Dorsey & Whitney. The House got the ball rolling last week when lawmakers approved a jobs bill that includes an expansion of two tax-credit bond programs.

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