WASHINGTON — A lawmaker and a Treasury Department official Thursday pushed for a permanent extension of the Build America Bond program, but acknowledged that the greatest obstacle is finding a way to pay for it.

“I think any remaining concerns about BABs can be solved simply by making it permanent,” said Rep. Richard Neal, D-Mass., a member of the House Ways and Means Committee and chairman of the select revenue measures subcommittee. “That’s my hope and that’s what I’m going to continue to hope to accomplish.”

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access