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Richard Williamson

Recent Stories From this Author

Colorado's TABOR Nears Constitutional Conclusion
January 29, 2015 Colorado lawmakers may get their day before the U.S. Supreme Court to challenge the Taxpayer Bill of Rights that requires...

Comerica Texas Economic Index Dips
January 29, 2015 After seven months of growth, the Texas Economic Activity Index has dipped, reflecting the impact of falling oil prices,...

Texas AG's Securities Law Violation Won't Be Prosecuted in Austin
January 29, 2015 Newly inaugurated Texas Attorney General Ken Paxton will not face prosecution from the embattled Travis County District...

UTA Saved Big on $860.6M Refunding With Storm Looming
January 27, 2015 Squeezing institutional and retail pricing into one day because of an approaching blizzard, the Utah Transit Authority...

Texas Senate Proposes $4 billion of Tax Cuts in $205.1B Budget
January 27, 2015 The Texas Senate's version of a $205.1 billion biennial budget includes $4 billion for tax cuts, despite uncertainty over...

Bill Would Strip Toll Corporation of Eminent Domain Power
January 27, 2015 A private corporation that sought to build a toll road east of Dallas would lose its power to condemn land through eminent...

Utah Transit Authority Brings Its Largest-Ever Deal
January 26, 2015 Utah Transit Authority is pricing the largest deal in its history with $831.6 million of bonds designed to smooth debt service...

Utah Lawmakers Consider Gas Tax Hike
January 26, 2015 The Republican-controlled Utah Legislature is considering an increase in the gasoline tax to close an $11.3 billion funding...

Moody's Downgrades Catholic Health Initiatives After Rough Year
January 26, 2015 Moody's Investors Service downgraded healthcare giant Catholic Health Inititiatives to A2 from A1 after a year of declining...

S&P Dims ASU Outlook Due to Rising Debt Plans
January 26, 2015 Standard & Poor's lowered the outlook on Arizona State University's AA rating based on prospects for increased debt issuance...


The Commonwealth of Puerto Rico has a long history of fiscal uncertainty and structural deficits. Responding to decades of general fund deficits in 2014, the rating services lowered the ratings on the Commonwealth’s general obligation credit to below investment grade, or junk status.

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