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Lawmakers urge renewal of R&D tax credit left out of jobs bill

February 27, 2010/

To Silicon Valley and much of corporate America, the federal research-and-development tax credit is as sacrosanct as motherhood. So when it and other tax credit "extenders" were stripped from the Senate’s $15 billion jobs bill this week to hold down costs, a bipartisan effort quickly materialized to restore the break that promotes investments in research and development.

By Scott Duke Harris

Full Story: http://www.mercurynews.com/business/ci_14479151

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