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Senators Unveil 'Ex-PATRIOT' Act on Facebook's Saverin

Thursday, 17 May 2012 | 8:20 AM ET

CNBC's Michelle Caruso-Cabrera reports Senators Schumer, (D-NY) and Casey, (D-PA) announced they will unveil a bill aimed at Facebook co-founder, Eduardo Saverin, in an attempt to stop him from avoiding taxes by renouncing his U.S. citizenship.