See this attached "Legal Alert" from Cincinnati's leading bond counsel. From the bulletin:
Issuers of Build America Bonds (BABs) may not receive their full federal subsidies if massive federal budget cuts are implemented under sequestration, or the so-called "fiscal cliff."You see, the never ending cycle of tax and spend is fostered by the beneficiaries, rich and poor, of the taxpayer largess.
Rip it out by its roots! It's the only answer.
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