On the recordMarch 6, 2012
The President or at least the White House views LIFO as some type of accounting gimmick, some type of subsidy loophole that businesses apply to.
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congress.govThe President or at least the White House views LIFO as some type of accounting gimmick, some type of subsidy loophole that businesses apply to.
Brady defends LIFO accounting against claims of it being a loophole.
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