Updated Tuesday, July 29, 2014 as of 6:42 AM ET

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Beyond the Cliff: Muni Market Breathes Temporary Sigh of Relief

Jennifer DePaul

After months of rancorous fighting, Congress narrowly passed a last-minute deal to avoid most of the scheduled tax hikes and spending cuts and did not include a cap on tax exemption, allowing the muni market to breathe a temporary sigh of relief.

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