The Federal Deficit And Credit Unions: Why The Tax Exemption May Get Scrutiny

September 2011
Credit Union Journal;9/5/2011, Vol. 15 Issue 34, p6
Trade Publication
In this article, the author discusses the role of Super Committee, formally recognized as the Joint Select Committee on Deficit Reduction. He is critical on the committee's responsibility in concoction of a yet-to-be determined mixture of spending cuts and revenue increases, which would lower the deficit by 1.5 trillion dollars. Also investigated are the debt ceiling debate and the danger for the credit union tax exemption.


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