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Monday, May 20, 2013 | 12:34 p.m.

Posted: 12:24 p.m. Wednesday, Jan. 2, 2013

$70M tax credit extended to NASCAR in new deal

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President Obama fiscal cliff
President Barack Obama smiles as he arrives with Vice President Joe Biden to make a statement regarding the passage of the fiscal cliff bill in the Brady Press Briefing Room at the White House in Washington, Tuesday, Jan. 1, 2013. (AP Photo/Charles Dharapak)

WASHINGTON —

There is no word yet on when President Barack Obama will sign the bill that staves off the “fiscal cliff.”

Obama left for Hawaii to complete his holiday break after Congress passed the bill Tuesday night.

The president can sign the bill remotely using a machine called an autopen, or the bill can be flown to Hawaii for his signature.

In addition to extending the tax cuts for the middle class, the compromise extended a special tax credit for NASCAR.

Buried in the 150-page deal is a $70 million credit that allows anyone who builds a racetrack and other facilities to get tax breaks.

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