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Home > Tax Implications of Federal Government passing Debt Ceiling Increase

Tax Implications of Federal Government passing Debt Ceiling Increase

The bill to increase the US debt ceiling passed both the House and Senate Monday evening.  The bill raises the debt ceiling in several increments throughout the next year and gets us past the 2012 election.  A “super committee” comprised of both Republicans and Democrats will convene to approve another 1.5 trillion in borrowing for […]

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