WASHINGTON -- The Clinton administration expects to rely in part on tax-exempt bonds to help finance. the environmental cleanup required by the North American Free Trade Agreement, but it has no plans to ease any tax law restrictions to facilitate issuance.

U.S. Trade Representative Mickey Kantor told Congres's earlier this month that $8 billion will be needed to finance cleanup projects along the U.S.-Mexico border. Of the total, $2 billion will come from "resources currently available for the border states," including state revolving loan funds "and tax-exempt bond issues," Kantor told the House Ways and Means Committee on Sept. 14.

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