Six state and local groups are urging the Senate to pass an extension to the Build America Bonds program, which they say is critical to governments during this time of unprecedented budgetary strain.

In a one-page letter to Senate Finance Committee chairman Max Baucus, D-Mont., and ranking minority member Charles Grassley, R-Iowa, the groups said an extension to the program beyond its current expiration date at the end of the year is “both prudent and necessary.”

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