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This page contains a single entry by Associate Editor published on February 12, 2010 8:11 PM.

IRS Gives Authority to Indian Triable Governments to Issue Tribal Economic Bonds was the previous entry in this blog.

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Obama Signs Debt-Increase With Pay/Go Rules, Includes Two Year Exemption for Estate Tax

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Associate Editor
on February 12, 2010 TrackBacks (0) Comments (0)

President Obama signed a $1.9 trillion increase in the Federal borrowing limit into law today.  The legislation includes statutory pay/go regulations that require all new spending to be offset by increased revenue or spending cuts.  The bill includes a number exemptions from the pay/go regulations, including a two year extension of 2009 estate tax exemptions and rates.

Posted by Patrick Siegfried, Associate Editor, Wealth Strategies Journal.

 

 

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