Latest Updates: Market Impact of the War in Ukraine

Municipal Friendly Elements are Out

10/28/2021
  • A new $1.75 trillion framework was released today with updated details about what could be included in the president’s and progressive Democrats’ Build Back Better Agenda.
  • The municipal bond friendly elements, including the subsidized taxable infrastructure bond program and reinstatement of tax-exempts for advance refundings, were left out of today’s framework.
  • Nothing was included in the new $1.75 trillion framework related to the SALT cap.

 

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