Caitlin Devitt has covered the municipal bond market since 2008. She began her journalism career at the Herald Newspapers on the South Side of Chicago, starting as a reporter and rising to Managing Editor. While at The Bond Buyer, she covered the Detroit bankruptcy among other Midwest-based stories. Devitt joined Debtwire Municipals in 2016, where she covered the high-yield municipal bond market for five years, before returning to the Bond Buyer as Senior Infrastructure Reporter. She lives in Chicago with her family.
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Investors want to be compensated for the uncertainty.
May 29 -
The judge ruled the administration cannot freeze New York's federal funds in its bid to halt the controversial tolling program.
May 27 -
The Senate will likely revise the House bill, which left tax-exempt bonds untouched after months of speculation.
May 22 -
The state supreme court agreed to review the ruling in favor of a group of Wall Street banks that whistleblower Edelweiss said cost the state at least $100 million.
May 22 -
Congress needs to lift limitations on tax-exempt private activity bonds, say transportation advocates.
May 20 -
The U.S. loses its third triple-A rating as Congress works to pass a massive tax cuts and spending bill.
May 19 -
A deal on the state and local tax deduction cap remained elusive as of Monday morning.
May 19 -
The committee may take the bill up again as soon as Monday.
May 16 -
Private investment is key to the train's future, said the CEO.
May 15 -
The full legislative package could land on the House floor as soon as next week.
May 14 -
The tax bill is far from a done deal, market participants said.
May 13 -
The hotly anticipated bill from Ways and Means is the first detailed draft and could change as it moves through the legislative process.
May 12 -
The Ways and Means Committee is expected to release the full text, including revenue raisers, ahead of a Tuesday hearing.
May 12 -
The municipal bond market may soon get its first glimpse of hotly anticipated tax legislation.
May 9 -
The bonds have not reacted to the most recent negative ratings actions, although one buysider said that may soon change.
May 8 -
Most of the Maryland Proton Treatment Center's debt hasn't traded hands for years.
May 6 -
Amid deep cuts to public K-12 schools, the proposed budget would boost charter school investment as the administration said "more local school options are needed."
May 5 -
Part of the problem is lack of reimbursement from insurance companies, said the owner of one proton center.
May 2 -
It's the latest in a series of legislative efforts to restore tax-exempt advance refunding of bonds.
May 1 -
Republicans balked at a national car registration fee to support the insolvent Highway Trust Fund.
May 1
