GOP Tax Victory Puts Drinking Water at Risk
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In the landmark tax reform overhaul, congressional Republicans axed a critical financing tool that cities and towns have used to upgrade aging drinking water infrastructure: advance refunding bonds. These bonds allowed municipalities to refinance outstanding debt at lower interest rates. The loss of this tool—combined with historically low levels of federal enforcement and support for basic drinking water standards—could deepen the nation’s ongoing lead contamination... Читать дальше...
