Jim Watts

Recent Stories From this Author

Obama Oil Tax Proposal Dead on Arrival for Republicans
February 5, 2016 Congressional Republicans oppose President Obamaís proposal to fund a greener transportation system with a tax on oil.

Indiana Road Bill Includes Interstate Toll Study
February 4, 2016 Long-range road funding bill approved by Indiana House calls for highway planners to study the feasibility of tolling...

Obama to Propose $300B Clean Transportation Plan With Oil Tax
February 4, 2016 President Obama will propose $32.4 billion per year of additional funding for innovative transportation efforts with his...

Pennsylvania Faces $6 Billion Shortfall in Road Revenues
February 3, 2016 Pennsylvania road revenues will over the next 12 years will be $6 billion shy of the $34 billion needed for its long-range plan.

Texas Highway Congestion Relief is Long-Term Project
February 2, 2016 Relieving the congestion on urban highways in Texas will be a continual process that requires additional funding sources,...

Portland Sets Vote on Local Gas Tax
January 29, 2016 Voters in Portland, Ore., will decide May 17 on the city's proposed four-year, 10 cent per gallon gasoline tax.

Texas To Spend $1.3B on 14 Gridlock-Busting Highway Projects
January 28, 2016 Texas will spend $1.3 billion on 14 highway projects aimed at reducing traffic congestion in five cities.

MoDOT Director Tells Lawmakers Transportation Funding Needs Critical
January 27, 2016 Missouriís transportation chief warned lawmakers that state lacks funds to rebuild aging roads and bridges.

CBO: HTF Shortfall Will Return In 2021
January 26, 2016 The Highway Trust Fund will remain solvent through 2020 with a $70 billion general fund transfer but the revenue shortfall...

California Slashes Road Funding as Gas Tax Drops
January 25, 2016 California cuts road and transit project funding by $754 million over five years as fuel sales tax revenues fall in step with...

Career Zone


New York City Comptroller Scott Stringer discusses improving the city's pension system with Bond Buyer senior Northeast reporter Paul Burton. Stringer also examines the effect of the proposed state budget on the city and reminisces about his cousin, the late Congresswoman Bella Abzug.

While the SEC's MCDC Initiative has provided some clarity with regard to materiality and confirmed that the reasonable diligence standard of Rule 15c2-12 applies to both negotiated and competitive deals, no clarity has been offered with regard to the extent of the reasonable diligence obligations of those participating in competitive deals, as co-managers, syndicate members or selling dealers. ...

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