Removing Their Cap
Earlier this month, Stephen Howard, a senior vice president at Lehman Bros., told Congress it should lift the cap on tax-exempt private activity bonds as ...
Earlier this month, Stephen Howard, a senior vice president at Lehman Bros., told Congress it should lift the cap on tax-exempt private activity bonds as a way of helping communities finance costly water and sewer upgrades. The feds made a similar exemption in the 1980s to enable the construction of much-needed solid waste disposal facilities. Clearly, Howard's firm has something to gain by passage of H.R. 1708. What do state and local officials think about this approach?
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
White House's New Clean Water Rule Sets Up Clash With Congress2 hours ago
Conservative Nebraska Overrides Governor's Veto to Abolish Death Penalty2 hours ago
Court Outlaws Arkansas’ 12-Week Abortion Ban1 hour ago
Is the Orange County Government Center Historic, or Just Ugly?11 hours ago
Scott Walker May Want to Be President, But He Has to Fix Wisconsin's Budget First11 hours ago
Prisoner Asks Indiana Governor for Historic Pardon11 hours ago