Watson: Federal tax on municipal bonds would 'be devastating to cities'

AUSTIN (KXAN) -- We've told you about the potential impact to the city of Austin should President Donald Trump's administration decide to eliminate significant grant funding Austin previously thought it would receive.
For example, $105 million in federal grant funding previously approved to go toward the Interstate 35 cap and stitch project is now in jeopardy and roughly $300 million for the airport's expansion project is up in the air.But grants potentially being eliminated aren't the only cuts