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Another Wary Eye on ARRA money

Posted By John Latta On January 26, 2010 @ 10:52 am In The Roadologist | No Comments

Guess who is keeping a very sharp eye on ARRA funding?

The IRS, that’s who

According to a story in a recent issue of The Bond Buyer newspaper the tax collection agency’s tax-exempt bond branch has been charged with keeping a close watch on ARRA-authorized bond programs to be sure they are not used beyond their legal limits. With more than $45 billion of these new bonds out there the IRS is a little concerned about the possible loss of future tax revenue if that should happen.

Check out the story here [1], and check out the current issue of The Bond Buyer here [2].

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URL to article: http://www.equipmentworld.com/another-wary-eye-on-arra-money/

URLs in this post:

[1] here: http://www.bondbuyer.com/issues/119_261/teb-arra-limits-1006196-1.html

[2] here: http://www.bondbuyer.com/

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