WASHINGTON -- At least two of the seven lawmakers likely to join the Senate Finance Committee in January, Alfonse D'Amato and Bob Graham, are well known in the municipal bond community as advocates of public finance.

D'Amato, a New York Republican, was a staunch defender during the mid-1980s of tax-exempt industrial development bonds. Graham, a Democrat from Florida, was a cochairman of the Public Finance Caucus started three years ago by former Rep. Beryl Anthony, D-Ark.

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