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House Panel's Water Bill Has No Flint-Related Provisions
Water infrastructure bill adopted by House panel does not include drinking water provisions found in Senate committee’s plan.
Rep. Bill Shuster rejected drinking water amendments to a water infrastructure funding bill.
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The Palmetto State should merge its state infrastructure bank into the transportation department, auditors said. more »
President Obama is threatening to veto legislation approved by the House that would effectively block the District of Columbia from achieving budget autonomy and home rule. more »
Oregon panel says state needs an additional $964 million per year to maintain and protect its existing transportation infrastructure. more »
Airport groups, public power systems and a muni advocate group have joined the growing chorus of muni market participants calling for the Internal Revenue Service to withdraw its proposed rules on political subdivisions. more »
House Appropriations Committee adopted a proposal to increase highway and transit funding by $1.25 billion in 2017. more »
State and national transportation groups oppose Senate plan to reclaim more than $2 billion of unobligated highway funds. more »
California cut or delayed $1.5 billion of projects from a five-year road program as gas tax collections continue to fall. more »
Four port authorities and a wholesale electricity provider are warning that rules proposed by the Treasury Department and Internal Revenue Service earlier this year could hurt their standing as political subdivisions and their ability to issue bonds as well as complicate their governing structures. more »
U.S. transit operators say reliable, dedicated funding is needed to resolve growing maintenance problems. more »
California is beginning to address some key infrastructure gaps, Wells Fargo analysts said in a report. more »
House appropriations panel adopts a fiscal 2017 transportation budget that incorporates FAST Act funding. more »
The New York Metropolitan Transportation Authority’s operation of its federally mandated Access-A-Ride program has been marked by waste, mismanagement and widespread service failures, according to an audit released on Tuesday by Comptroller Scott M. Stringer. more »
Both 10-year transportation funding plans proposed by Minnesota Gov. Mark Dayton include $2 billion of road bonds. more »

Daniel Berger, Senior Market Strategist at Municipal Market Data, talks about the recent rally in municipal bonds which has brought long-term yields down to record lows. He talks about continuing demand from retail investors in light of the upcoming Summer redemption season and he discusses the allure that the American tax-exempt market has for overseas buyers. He outlines the recent spread compression in quality credits and also looks at some of the market's outliers -- Puerto Rico and Chicago.

Our legislation would preserve money market funds as a source of liquidity and capital for public the infrastructure needs of our citizens.

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