Kyle Glazier

The federal government ran a $119.9 billion budget deficit in October after posting a $75.2 billion surplus the previous month, the Treasury Department reported Tuesday.

The federal government should both exempt private activity bonds from the alternative minimum tax and create a national public-private partnership office to help state and local governments put deals together according to Brookings Institution reports issued Tuesday.

U.S. Rep. Darrell Issa, R-Calif., sent a letter to District of Columbia Mayor Vincent Gray, outlining a way to move forward on lifting the district's building height restrictions, while expressing concern about protecting the capital's character.

Rep. Bill Shuster, R- Pa., announced on Thursday his candidacy to serve as chairman of the House Committee on Transportation and Infrastructure.

John Horsley and Jack Basso will take about 90 years of experience with them when they retire from the American Association of State Highway and Transportation Officials in February, and the two are disappointed to be stepping away from a very uncertain future.

Consumer credit rose $11.6 billion, or 5.0%, in September to $2.737.2 trillion, the Federal Reserve reported Wednesday.

State transportation agencies are working together to develop strategies aimed at making investment in infrastructure more palatable to the public, as official fears of a rising investment gap meet public concerns about long-term debt.

Virginia Gov. Bob McDonnell blasted the Metropolitan Washington Airports Authority after a new U.S. Department of Transportation report found numerous flaws in its policies and procedures.

Though they can often deliver infrastructure projects faster and at lower cost than traditional procurement, P3s are not a silver bullet and not always the right way to go, according to a new white paper released by the National Council for Public-Private Partnerships.

Several Virginia municipalities have retained legal counsel to fight Gov. Bob McDonnell's plan to toll Interstate 95, which commonwealth officials have said could help close a $10 billion funding gap over the next 25 years.

House Appropriations Chair Hal Rogers asked Treasury Secretary Tim Geithner to help eliminate rules requiring municipalities to defease outstanding bonds when selling or leasing their water systems to a private company.

Real gross domestic product increased at an annual rate of 2% in the third quarter of 2012, according to the advance estimate released by the Commerce Department Friday.

Although state tax collections grew for a tenth consecutive quarter, they are still below 2008 levels and may weaken in the near future, according to the most recent analysis from the Rockefeller Institute of Government.

New orders for manufactured durable goods rose $19.6 billion or 9.9% to $218.2 billion in September, the Commerce Department reported Thursday.

Spaceports are popping up all over the U.S., as both existing airports and brand new facilities position themselves to profit from a new age of commercial space travel and transport, but the industry is still in its infancy.

The Fed decided to continue previously announced programs aimed at fostering a stronger economic recovery, the Federal Open Market Committee said in a statement released Wednesday following the FOMC's two-day meeting.

Sales of new single-family houses climbed 5.7% to a seasonally adjusted annual rate of 389,000 in September, the Commerce Department reported Wednesday.

The District of Columbia's Chief Financial Officer will hand over nearly three years of internal audits and add a disclosure to the district's most recent debt issuance after a request from the Securities and Exchange Commission.

Airports will continue to remain at risk for credit downgrades until passenger enplanements reach consistent growth of 3%, far above the flat-to-negative trajectory Moody's Investors Service expects.

Existing home sales fell 1.7% in September to a seasonally adjusted 4.75 million-unit rate, following a revised 4.83 million rate in August, the National Association of Realtors announced Friday.