Rep. Chris Van Hollen, the ranking minority member of the House Budget Committee, has updated the Democrats' sequester replacement bill so that it would replace mandated across-the-board cuts for fiscal 2014 with a mix of proposals to cut spending and raise revenue, including implementation of the so-called Buffett Rule.
Miami-Dade County's proposed $12.6 billion water and sewer system capital plan is already attracting firms interested in public-private partnerships, Mayor Carlos Gimenez said.
Delinquency and foreclosure rates for single family whole loan programs of housing finance agencies continued to increase during 2012, despite an improved housing market.
Photos from The Bond Buyer's 2nd Annual Symposium on Distressed Municipalities, held March 18-19 at the Omni Providence Hotel in Providence, Rhode Island.
A networking group for government officials, municipal bond professionals & decision-makers, driven by The Bond Buyer, which dominates municipal bond market coverage with daily breaking news through the printed daily paper, bonus distributions, live events and online at TheBondBuyer.com.
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.