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Washington Report

Washington Report

Homebuyers Tax Credit May Be Too Popular In response to abuses and fraud uncovered by the IRS and Treasury Department into the First-Time Homebuyer Credit program, the House Ways and...

Microloans Face Budgetary Ax

When Pearlie Green of Chicago wanted to open a catering business in 1992, she applied for loan after loan. “Every bank thought I was a joke,” she says. “You can’t...

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