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On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Cate Long to discuss the overuse of municipal bonds by cities and the problems that is causing, the Obama administration’s plan to begin taxing investment in these bonds and looming state bankruptcies.
We’re brought to you by Stephen Clouse and Associates and The Heritage Foundation’s Morning Bell. If you’d like to email us, you can do so at bjackson[at]coffeeandmarkets.com. We hope you enjoy the show.
Related Links:
NY governor plans to seek $30 billion in federal aid to rebuild after superstorm
Cate Long’s MuniLand at Reuters
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