Tax-exempt municipal bonds are an incredibly efficient financing tool, reducing state and local borrowing costs by $824 billion over the next decade alone.
Municipal bonds finance nearly 75 percent of the nation’s core infrastructure: the investments that make our communities livable and commerce possible.
Tax-exempt municipal bonds are a well understood, well regulated, and dependable financial investment, with nearly 60 percent of tax-exempt bond interest earned by individuals going to those age 65 and older.
Priorities:
- Oppose any attempt to tax municipal bond interest.
- Oppose any attempt to limit current uses of municipal bonds.
