Levine, Helisse; Greaves, Paul - In: Journal of Public Budgeting, Accounting & Financial … 25 (2013) 3, pp. 556-574
The Obama Administration has proposed reinstatement of the BABs program created as part of the 2009 ARRA legislation to put state and local governments on a fiscally sustainable path by supplementing their capacity to access the bond market. However, it is cost prohibitive to issue BABs and...