Caitlin Devitt

The audit comes as Republicans seek to cut funding to Amtrak's funding in the northeast.

Lawmakers on both sides of the aisle support some level of encouraging cities and states to revamp local zoning codes to encourage more affordable housing.

Advocates hope to use the data to persuade lawmakers of the usefulness of tax-exempt bonds as Congress tackles tax policy next year.

"Our issues seem complicated, but have the simple end goals of saving tax dollars, investing in infrastructure and creating jobs," retiring Rep. Dutch Ruppersberger, founder of the House Municipal Finance Caucus, told a public finance crowd Thursday.

"The market is strong right now, and we expect that to continue into next year," Loop's head of public finance Bo Daniels said.

Americans are not benefitting enough from federal infrastructure investment, said Judge Glock of the Manhattan Institute.

The bills have a slim chance of advancing in the Senate, but offer a glimpse of Republican goals if they gain power in the November election.

The three new hires, two from Nuveen and one from Lord Abbett, will report directly to the fund's manager John Miller.

More than 70% of the projects include transit-oriented development and downtown redevelopment initiatives.

The record pace of municipal bond supply this year is driven in part by cities and states realizing projects won't get any cheaper if they wait.