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March 19th, 2009

13 Firms Receiving Bailouts Owe Back Taxes

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Written by: The Iowa Republican

At least 13 firms receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday.

Rep. John Lewis, chairman of a House subcommittee overseeing the federal bailout, said two firms owe more than $100 million apiece. Click here to read more.

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The Iowa Republican

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