Election 2024
Municipal finance professionals are preparing for an important election in November, on which hinge key questions for the community. Where is tax policy headed? Who will set the tone on regulation and enforcement? Will infrastructure investment be a major priority?
The Bond Buyer will be following developments closely in the months ahead, to make sure muni market participants have the information they need about the future of their work.
What public finance professionals think about the election
According to exclusive research from The Bond Buyer, 56% of municipal finance professionals said high interest rates should be an urgent priority for the next administration and Congress. Political preference among those surveyed broke 44%-33% in favor of Democrats, with 5% saying they planned to vote Libertarian and another 18% answering that they were either undecided or preferred not to say.
Advocates hope to use the data to persuade lawmakers of the usefulness of tax-exempt bonds as Congress tackles tax policy next year.
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Vivian Altman, Head of Public Finance at Janney, sits down with Bond Buyer Executive Editor Lynne Funk to discuss the state of the muni market, how the new-issue market is faring and where risks and opportunities exist in the space.
Barclays' Mikhail Foux talks shifting demand, BABs refundings, election effects and what it means for the asset class in a volatile market.
September volume came in over $44 billion leading volume year-to-date to hit more than $380 billion, just shy of 2023's full-year total issuance.
Advocates hope to use the data to persuade lawmakers of the usefulness of tax-exempt bonds as Congress tackles tax policy next year.
States and tax experts are wrestling with post-SALT scenarios.
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"Our issues seem complicated, but have the simple end goals of saving tax dollars, investing in infrastructure and creating jobs," retiring Rep. Dutch Ruppersberger, founder of the House Municipal Finance Caucus, told a public finance crowd Thursday.
September 27
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The continuing resolution to keep the government funded was passed without the inclusion of controversial legislation requiring proof of citizenship in order to vote.
September 26
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As the economy normalizes, state revenues are shrinking
September 25
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Americans are not benefitting enough from federal infrastructure investment, said Judge Glock of the Manhattan Institute.
September 25
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The trade group alliance is lobbying for the restoration of advance refunding and other legislative changes.
September 24
