The municipal bond market will be combing through President Trump’s $1.5 trillion infrastructure and budget proposal to see what’s in store for the public finance sector.
It's a long-awaited plan that has everybody wondering. What's going to be in President Trump's infrastructure proposal being released this week?
The details of the $1.5 trillion program have been anticipated by the muni market for quite some time.
Will it focus on public-private partnerships to fix America's crumbling roads, tunnels, and bridges?
Will it shift the burden of financing to the states? Or will it contain some new or surprising funding mechanisms?
Stay tuned, it may be a very bumpy ride down that road filled with potholes that need fixing.