If the proposed 28% cap on the value of tax exemption were enacted, the municipal bond market would become more volatile and would likely significantly deter investors from buying munis, Loop Capital Market's analysts said Monday.
Loop's Mier: Taxable Muni Market Would Be Better Than a 28% Cap
JAN 14, 2013 6:09pm ET
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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.
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