Market Eyes Long-Term Impact of Debt Agreement
The Bond Buyer
8/2/2011
"Municipal market participants on Monday were relieved that Congress was moving toward approving a bipartisan agreement to raise the $14.3 trillion debt limit and avoid a default on deferal debt, but were taking a wait-and-see approach on how the plan might ultimately affect the tax-exempt bond market."
In this article, "Market Eyes Long-Term Impact of Debt Agreement," published in The Bond Buyer on August 2, 2011, Mintz Levin attorney Charles A. Samuels is quoted on the possible threat to the municipal market depending on the future of tax reform.
