N.Y.C. Council OKs $66B Budget Without 'Crippling' Cuts
June 29, 2011 The New York City Council Wednesday passed a $66 billion fiscal 2012 budget that avoids thousands of teacher layoffs and...

N.J. Will Help Cover Cash-Flow Needs With JPMorgan Line of Credit
June 28, 2011 New Jersey on July 1 plans to tap a $2.25 billion line of credit from JPMorgan to help meet cash-flow needs at the start of...

Moody's Changes $14B of Connecticut Debt to Negative
June 28, 2011 Moody's Investors Service Tuesday revised its outlook to negative from stable on $14 billion of outstanding Connecticut debt...

N.J. Legislature to Weigh $31 Billion Budget, Temporary Millionaire's Tax
June 27, 2011 New Jersey lawmakers this week are set to vote on the Democrats' $30.6 billion fiscal 2012 budget plan while debating a...

Pension Bill Set for Signing
June 24, 2011 New Jersey Gov. Chris Christie Monday is set to sign into law legislation that requires government employees to pay more for...

Health System Bonds Fall
June 24, 2011 Moody's Investors Service last week downgraded $1.1 billion of Catholic Health East debt to A2 from A1 due to cash-flow...

A Return To New Money
June 24, 2011 Puerto Rico will issue its first new-money general obligation bond sale in nearly three years, a $304 million offering that...

N.Y. Tobacco Corp. Will Refinance $976 Million
June 22, 2011 The New York State Tobacco Settlement Financing Corp. next week will sell $975.5 million of tobacco refinancing bonds to...

Goldman Will Pay $1.43B to Run Puerto Rico Toll Road
June 20, 2011 A consortium led by Goldman, Sachs & Co. will pay a total $1.43 billion to maintain and operate Puerto Rico's busiest toll...

Goldman-Led Consortium Will Pay $1.43B to Run Puerto Rico Toll Road
June 20, 2011 A consortium led by Goldman, Sachs & Co. will pay a total $1.43 billion to maintain and operate Puerto Rico's busiest toll...