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Saturday, January 30, 2010

$64 Billion, and more for Building America.

Obama Will Seek to Make 'Build America' Bonds Permanent - WSJ.com: "President Obama will ask Congress to make permanent a temporary bond program to help state and local governments finance projects, as they continue to struggle with budget deficits during the recession.

State and local governments issued more than $64 billion in so-called Build America Bonds in 2009, after Congress created the program as part of last year's economic-stimulus program. Under the current arrangement, they would lose the ability to issue such bonds after this year."

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