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Detroit Light Rail to Win Federal Funds
by: Caitlin Devitt
Tuesday, January 15, 2013
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Detroit is expected this week to win a $25 million federal grant for a long-planned light-rail project along one of the city's main corridors.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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