- The Committee for a Responsible Federal Budget has published a comprehensive list of expiring programs.
- As the conversation heats up in Washington about funding infrastructure, we post a backgrounder about “private activity bonds”, aka PABs, from the Congressional Research Service. Two key qualifications to keep in mind are the type of facility or enterprise being financed and whether that financing is subject to the state’s volume cap. Interestingly, congress has tried to abolish and limit PABs over time and there is tension between those who want to bring private money into public projects vs. those that think of tax exempt finance as only comprising states, counties and cities.
