4/26/2012

Sen. Max Baucus, D-Mont., said lawmakers should look into changing the subsidies in the municipal-bond market to ensure a level playing field for taxpayers and investors. Congress should "consider providing a uniform subsidy for bondholders," said Baucus, chairman of the Senate Finance Committee. "A uniform subsidy would mean each taxpayer receives the same subsidy regardless of tax bracket."

Full Story:
Bloomberg

Related Summaries