The Senate Budget Committee Democrats' budget resolution for fiscal year 2014 suggests the possibility of percentage or dollar caps on tax preferences such as tax-exempt muni bond interest, pushes traditional tax-credit bonds for transportation, and proposes a $10 billion infrastructure bank to provide loans and loan guarantees for projects.

The 113-page proposal, "Foundation for Growth: Restoring the Promise of American Opportunity," makes suggestions for how to achieve $975 billion in deficit reductions by "eliminating loopholes and cutting unfair and inefficient spending in the tax code for the wealthiest Americans and biggest corporations."

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