Build America Bonds
Build America Bonds are a taxable municipal bond created under the American Recovery and Reinvestment Act of 2009 that carry special tax credits and federal subsidies for either the bond holder or the bond issuer. Many issuers have taken advantage of the Build America Bond provision to secure financing at a lower cost than issuing traditional tax-exempt bonds. The Build America Bond provision is open to governmental agencies issuing capital expenditure bonds before January 1, 2011.
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—Henry David Thoreau (1817–1862)
“I will keep America moving forward, always forward—for a better America, for an endless enduring dream and a thousand points of light.”
—George Bush (b. 1924)
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—David Elkind (20th century)