Cuts Ahead as Texas Budget Process Begins
Texas Legislature is beginning the unpopular task of cutting spending for some programs amid weaker revenues.  more »
Local government issuers increasingly relied on certificates of obligation in the past decade, bypassing voter approval to raise capital more quickly, according to Texas Comptroller Glenn Hegar.  more »
After R.J. Reynolds sold four cigarette brands to ITG Brands, Florida Attorney General Pam Bondi sued the companies saying they have refused to comply with terms of the state’s 1997 tobacco settlement deal.  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 run LIPA in the catastrophic wake of Hurricane Sandy. Hosted by Andrew Coen.

The warning signs can reveal themselves in historic audited financials, when combined with more timely economic data.

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