For those younger than 14, he said, growth stocks and tax-free bonds are best.

Developers would get tax-free bonds to help build in the area destroyed by the terrorist attack.

By using tax-free bonds and other means, the plan would cut rates up to 20 percent, the proponents say.

Under the state's $7 billion plan, the power authority would use the savings from tax-free bonds to help cut billing rates by 20 percent.

All three projects would be built on public land and use tax-free bonds for financing.

With the savings from the lower interest of the tax-free bonds, the power authority would reduce electricity rates by about 20 percent.

The tax agency also has strict rules on borrowing to buy tax-free bonds.

It would offer tax-free bonds for new power plants with renewable or clean energy.

Our main focus in the early years - and to a large degree today - is tax-free municipal bonds.

The added money means the city will provide about $4.3 billion, with $450 million more expected from an innovative plan to issue new tax-free bonds.