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Layoffs forecast after tax credit deal fails

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High Five
Friday, February 17, 2012

Wind energy proponents predict layoffs after Congress fails to extend production tax credit (PTC).

Wind proponents tried to tuck the tax credit extension in legislation aimed at extending payroll tax cuts, but congressional leaders did not include it in that bill.

There is still a possibility the extension could come through as a standalone bill or tied to other legislation. But Washington insiders say that is unlikely to happen before the election in November.

Read more at OregonLive.

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