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Washington - Taxation
House Approves Bill to Suspend Debt Limit
by: Jennifer DePaul
Wednesday, January 23, 2013
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The House voted Wednesday afternoon to suspend the federal government's borrowing authority until May 19 to avoid a potential default and debt crisis.

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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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