WASHINGTON - President Clinton is personally interested in the idea of expanding the use of tax-exempt bonds to spur infrastructure development, and is open to incorporating more bond proposals into his economic program next year, a top White House official said yesterday.

"He's interested in trying to find ways to increase infrastructure financing through creative techniques," especially since his job stimulus bill with its $8 billion of infrastructure funding was defeated in Congress, Gene Sperling, deputy assistant to the President, said in an interview.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.