Oregon lawmakers release proposal to borrow $1 billion for I-5 bridge

Oregon lawmakers release proposal to borrow $1 billion for I-5 bridge

Lawmakers in Oregon are looking to borrow $1 billion to replace the Interstate 5 bridge, a move that would match Washington’s pledge last year.State legislators propose issuing bonds backed against Oregon’s general fund and the highway user tax program used by the Oregon Department of Transportation.The details came in a policy draft sent out Wednesday to members of the state’s Joint Transportation Committee. Some aspects of the document are sti…