TITLE

No Plan to Stop BAB Payments

AUTHOR(S)
Schroeder, Peter
PUB. DATE
May 2009
SOURCE
Bond Buyer;5/12/2009, Vol. 368 Issue 33113, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the views of John Buckley, the U.S. House Ways and Means Committee chief tax counsel, regarding the issuance of Build America Bonds (BAB). It cites the statement of Buckley on what will happen if issuers would avoid BAB or issue these bonds with special call or redemption features for fear that the Congress will refrain from offering cash payments to them. The concerns of several experts regarding the provision of BAB subsidies are also discussed.
ACCESSION #
40091555

 

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