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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Jeff Davis, senior fellow at the Eno Center for Transportation, talks with Caitlin Devitt about how the midterm elections may affect transportation funding and policy. He discusses likely new chairs on key Congressional committees, legislation to look for next year and the potential spending gridlock if Republicans gain control. (27 minutes)
October 11 -
If Republicans gain control of the influential House T&I committee, expect investigations into the rollout and spending of infrastructure dollars.
October 6 -
The Department of Transportation's initiative will allow transit and transit-oriented development to cover 49% of project costs with a TIFIA loan.
October 4 -
Inadequate public governance drives up the costs of U.S. transit projects, Eno Center for Transportation said in a report.
October 3 -
The stopgap funding bill provides $4.5 billion of disaster recovery aid for New Mexico, Florida, Puerto Rico and more.
September 30 -
Legislation requiring standardized financial disclosure from issuers is attached to a must-pass defense bill, which narrows the window to fight the measure.
September 30 -
The electric vehicle charging program allocates the biggest chunk of federal funds to Texas, at $407 million. California is next in line, with $383 million. No other state receives more than $200 million.
September 28 -
The temporary government funding bill includes money for expected recovery needs from Hurricane Ian's landfall in Florida this week.
September 28 -
The ruling "sends a strong signal to other states that trucking is not to be targeted as a piggy bank," said the president of the Rhode Island trucking association.
September 27 -
Utah Associated Municipal Power Systems is advancing the nation's first small modular reactor, a $6 billion project supporters say is the future of nuclear energy.
September 26 -
There are only four statewide bond measures appearing on ballots across the country, the lowest since 2010.
September 22 -
The Federal Highway Administration needs to act more like a partner and less like a roadblock, state transportation officials said.
September 21 -
Seven states formed the Midwestern Hydrogen Coalition to collaborate on promoting hydrogen-based energy production, use and distribution.
September 21 -
The muni market is watching the fiscal 2023 defense bill closely to see if a final version requires issuers to overhaul their financial disclosure practices.
September 21 -
Municipal market participants are gaming out post-election scenarios that pose opportunities and risks for budgets and portfolios.
September 19 -
Opponents say the legislation could prompt issuers to drop out of the public bond market while supporters say investors and regulators deserve standardized financials.
September 16 -
The program received more than 250 applications for $26.5 billion worth of projects across the country.
September 15 -
The Skyway sale "proves that sophisticated global investors who can buy assets anywhere view Chicago as a great place to invest," said a spokesperson for Mayor Lori Lightfoot.
September 13 -
The Inflation Reduction Act gives $30 billion worth of tax credits to existing U.S. nuclear facilities , but it remains to be seen how much the subsidies move the long-term credit needle.
September 9 -
A national conference is planned for the spring to bring together states, utilities and the private entities that will own and operate the national EV charging station system.
September 8
