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California plans big bond sale, with U.S. taxpayers' help 
latimesblogs.latimes.com | by Tom Petruno | Mon, Apr 6
latimesblogs.latimes.com is the #1 Blogger for United States Department of the Treasury
Under the Build America Bonds program, states and other municipal issuers can choose to sell taxable bonds for public-works projects and have the federal government pick up 35% of the annual interest expense on the securities.
Photo: California Treasurer Bill Lockyer
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