Collins: No Reason to Panic Over Repeal of Obamacare
Municipal market participants and others need not panic over the Republican threats to repeal the Affordable Care Act because health care plans are locked in under the ACA until at least 2019, a key member of President-elect Trump’s transition team said Thursday.  more »
Tax reform legislation should preserve the tax exemption for municipal bonds and reinstate Build America Bonds for infrastructure financing, Rep. Richard Neal, the top Democrat on the House Ways and Means Committee, told reporters Thursday. more »
Municipal market participants see a slowing of Treasury Department and Internal Revenue Service guidance and rules in 2017, but plan to closely watch for tweaks to management contract guidance, final requirements for public approval of private activity bonds and political subdivision rules. more »
A flurry of Republican bills and resolutions were introduced during the opening week of the 115th Congress, several of which aim to abolish the Internal Revenue Service and require a balanced federal budget. more »
Sen. Chuck Schumer, D-N.Y., said Tuesday in his inaugural speech as Senate Minority Leader that he hopes for more direct spending in President-elect Donald Trump's proposed $1 trillion infrastructure plan. more »
Nearly three-quarters of state pension plans and more than half of local plans cut benefits and/or raised employee contributions to combat rising employer costs in the five years following the financial crisis, the Center for Retirement Research at Boston College said Tuesday. more »
While most muni market participants agree that 2017 could be the year of comprehensive tax reform, they have mixed views on whether the muni exemption is safe under the tax proposals of President-Elect Donald Trump and House Republicans. more »
States will have a modest increase in their capacity to issue private activity bonds in 2017, based on data from the Internal Revenue Service and the U.S. Census Bureau. more »
Multiple early initiatives will crowd Donald Trump's administration, Citi VP and former White House advisor Candi Wolff told Massachusetts investors. more »
Full repeal of the Affordable Care Act may cut hospital revenue by close to $400 billion over the next 10 years, putting pressure on healthcare bond ratings and state and local budgets. more »
Congress should further debate the effectiveness of Securities and Exchange Commission and Municipal Securities Rulemaking Board rules governing the failure to comply with municipal securities disclosure requirements, a congressional task force on Puerto Rico recommended. more »
While Puerto Rico is at a crossroads, it must file for restructuring as soon as possible and work with the federal government to help resolve the commonwealth’s fiscal crisis, said outgoing Puerto Rico Gov. Alejandro García Padilla. more »
Flint, Mich., and other cities with contaminated water supplies would get $170 million of federal aid under a water bill and continuing resolution passed by the House on Thursday. more »
A bill introduced by Rep. Gwen Moore, D-Wis., that would shift municipal disclosure responsibilities to issuers and borrowers from underwriters could drive some localities out of the market, issuer officials warned Moore’s chief of staff on Thursday. more »

What are the challenges of running a giant electric provider? Long Island Power Authority (LIPA) CEO Tom Falcone discusses his experience of leaving Wall Street after 13 years to running LIPA in the catastrophic wake of Hurricane Sandy. Hosted by Andrew Coen.

Following the Bridgegate scandal, there's been another political collision in the Port Authority of New York and New Jersey's world.

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