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Jim Watts

Recent Stories From this Author

Baltimore Local Governments Pledge Money For Red Line
August 27, 2014 Baltimore city and county will provide $280 million for Maryland's $2.9 billion Red Line light rail project to help attract...

States Lose Revenue Providing Airline Fuel Tax Breaks
August 26, 2014 States are losing more than $1 billion a year by giving breaks on jet fuel taxes to airlines, the Unite Here International...

Oregon Prepares Miles Traveled Road Fee
August 25, 2014 Oregon, which invented the gasoline tax in 1919, is on the road to be the first state to shift to a mileage-based user fee for...

Feds Close on $1.3 Billion TIFIA Loan For Silver Line
August 21, 2014 Metropolitan Washington Airports Authority closes on a $1.3 billion federal loan to complete the final 11 miles of a...

States Seek Highway Funding Options
August 20, 2014 Everything from mileage-based fee systems to higher state fuel taxes are on the table as states seek new ways to increase...

Mileage Fee Not Ready to Replace Gas Tax
August 18, 2014 Mileage-based fees may one day replace the gasoline tax as the prime source for federal transportation funding, but it won't...

Smaller Hub Airports Suffer as Airport Credits Stabilize
August 18, 2014 Airport credits are stabilizing after major shifts in the airline industry, Moody's Investors Service said, but smaller hub...

No Easy Fix for Highway Trust Fund
August 13, 2014 Congress delayed, but did not fix, a $100 billion hole in federal transportation spending with the enactment last Friday of...

Obama Signs HTF Bailout Bill
August 11, 2014 President Obama signed a 10-month, $11 billion bailout of Highway Trust Fund that ensures federal reimbursements continue to...

Foxx: Long-Term Highway Fix Needed This Year, Experts Say It Won't Happen
August 6, 2014 Transportation Secretary Anthony Foxx is urging voters to press lawmakers for a long-term solution to federal highway funding...


Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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