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On April 1, 2010, FEI joined 81 associations in a letter to congressional leaders urging that bonus depreciation, which expired at the end of 2009, be renewed for 2010. Reinstating bonus depreciation will help inoculate the economy against a backward slide in business capital investment in the months ahead, enhance the impact and benefits of other job creation legislation, encourage recovery in fragile, capital-intensive sectors of the economy, and most significantly, put Americans back to work.
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