Puerto Rico Appointee to Highway Authority Emphasizes Modernization
The appointee to be the head of the Puerto Rico Highways and Transportation Authority, Carlos Contreras Aponte, for the Rosselló administration, emphasizes the importance of modernization.  more »
New Jersey lawmakers are pitching a proposal to allow the state’s Transportation Trust Fund to sell bonds directly to its $73 billion pension system.  more »
A bill to allow online lottery gambling in Massachusetts has better odds of passing next year, said state Treasurer Deborah Goldberg.  more »
Deficit-plagued Connecticut is being asked for $250 million to fix up Hartford’s money-losing, four-decade old downtown arena.  more »
Puerto Rico Sen. Ángel Martinez Santiago is seeking “to extend the benefits of Obamacare up to its original date of 2019.”  more »
WALLKILL, N.Y. -- Work to address water, traffic and playground issues in the Middletown school district is scheduled to begin in the second half of 2017 after voters approved a $9.63 million bond referendum Tuesday.  more »
WEST HAVEN, Conn. -- West Haven is likely to pay at least $135,000 in additional interest costs for the deficit financing it expects to do in March as a result of Moody's Investors Service's recent decision to downgrade its credit rating by one notch, the city's financial adviser said Wednesday.  more »
Debt-ridden Dowling College has filed for Chapter 11 bankruptcy with two of its Long Island properties now on the market in an effort to aide bondholders.  more »
Sen. Marco Rubio introduced a bill on Tuesday that he said would raise wages for workers in Puerto Rico and make hiring new employees more attractive.  more »
Fixes for aging infrastructure are essential for the Massachusetts economy, Gov. Charlie Baker told investors in Boston.  more »
The Connecticut Housing Finance Authority received an A-minus from national environmental organization Global Green USA for its energy efficiency.  more »
Manuel Laboy Rivera, an engineer who has a background in luring stateside companies to set up shop in Puerto Rico, was tapped to oversee the Puerto Rico Department of Economic Development and Commerce.  more »
The College of New Rochelle in New York's Westchester County is raising funds to keep its doors open in the face of mounting debt.  more »
Massachusetts should protect and boost its reserves to preserve its bond ratings, state Treasurer Deborah Goldberg told lawmakers in Boston.  more »

In a Bond Buyer roundtable, Northeast regional editor Paul Burton and markets reporters Chip Barnett and Aaron Weitzman explain how the muni market is a microcosm for a crazy year. They discuss issuance, yields, red-flag states, New York City’s finances and what we might expect in 2017.

The president-elect would finance his trillion dollar plan through tax credits, bypassing state and local governments, and may move to tax the interest on their municipal bonds.

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