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EXHIBIT 10 CONSENT OF INDEPENDENT ACCOUNTANTS <PAGE> Exhibit 10 INDEPENDENT AUDITORS' CONSENT The Shareholders and Board of Directors USAA Tax Exempt Fund, Inc.: We consent to the use of our reports dated May 5, 2000, incorporated herein by reference and to the references to our dirm under the headings "Financial Highlights" in the prospectus and "Independent Auditors" in the statement of additional information. /S/KPMG LLP San Antonio, Texas July 28, 2000
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