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.
5 Charts Showing How Nearly Every Age Group Is Less Employed1 hour ago
Kim Davis’ Son Also Refusing to Issue Same-Sex Marriage Licenses4 hours ago
Politicians Love 'Universal' Preschool. If Only They Could Decide What It Means.4 hours ago
How Rural Texas Is Trying to Lure Mental Health Providers5 hours ago
Missouri Right-to-Farm Amendment Doesn't Include Pot5 hours ago
Chris Christie Promises Not to Run as Third-Party Candidate5 hours ago