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The Official Blog of National Taxpayers Union

They Must Have Seen the First of the Credit Card Statements

Posted by Elizabeth Terrell - October 03, 2005

The Office of Management and Budget issued new guidelines that effectively reduced the purchase limit from $250,000 to $2,500 — or $15,000 in an emergency — following criticism from lawmakers and independent auditors about the potential for abuse.

Read the full story here.

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