WASHINGTON — The chairman of the House Ways and Means Committee has raised the possibility of including a provision to extend the Build America Bonds program in an “extenders” package, which lawmakers hope to approve by Memorial Day weekend.

The House last month approved a jobs bill that would extend BABs, but that legislation is currently stalled in the Senate. The Small Business and Infrastructure Jobs Tax Act of 2010 would extend BABs until April 1, 2013, but would gradually lower the subsidy payment rate to 30% of interest costs from the current 35% rate.

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