WASHINGTON - Senate Democratic leaders yesterday unveiled a $100 billion economic recovery package that would provide $13.5 billion for infrastructure projects and more than $1.5 billion for housing programs. However, it's unclear if the measure would include tax-exempt or tax-credit bonds, and sources are skeptical about its prospects in the current lame-duck session.

A summary of the Economic Recovery Act of 2008 was released by Senate Majority Leader Harry Reid, D-Nev., and Senate Appropriations Committee chairman Robert Byrd, D-W.Va.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.