Despite the shabby state of U.S. government finances, Pimco's Bill Gross says now is the time to...

|By:, SA News Editor

Despite the shabby state of U.S. government finances, Pimco's Bill Gross says now is the time to buy municipal bonds. Although Congress threatens to play hardball with the states and cut off supplemental funding for educational programs and unemployment benefits, Gross says he doubts that would come to pass.