Paul Burton is the Northeast Regional Editor for The Bond Buyer. His major coverage has included New York City and MTA finances; the Harrisburg, Pa., debt crisis; the 38 Studios bond financing fiasco in Rhode Island; and unfunded pension liability. Paul hosts podcasts and videos and has moderated at Bond Buyer conferences. Previously, Paul was senior editor and copy chief at M&A-oriented financial media company The Deal LLC. His award-winning career has spanned financial, sports and political journalism. A Boston native, Paul is the author of the book “Tales from the Newsrooms.” He is a frequent public speaker and has appeared as an expert on municipal debt on radio and television shows, including former CBS News White House correspondent Sharyl Attkisson’s public-affairs program, “Full Measure.”
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The state Senate could bring the spending plan up for a vote that could help end a nearly five-month impasse.
October 25 -
The new system would feature enhanced technology and integrate across all the authority's subway, bus and commuter rail units.
October 24 -
The petition calls the $1.25 billion budget-balancing move unconstitutional.
October 24 -
Treasurer Denise Nappier called for sound bond-cap provisions, full funding of ARCs and adherence to a 2008 pension bond covenant.
October 23 -
Few details have emerged yet about a tentative state budget deal that might help the capital city dodge bankruptcy.
October 20 -
The Ocean State is divided over a deal to build a minor-league baseball stadium in Pawtucket.
October 20 -
The former police detective turned entrepreneur and actor takes aim at Mayor Bill de Blasio.
October 19 -
Judge James Gibbons allowed the city to appeal immediately to the Commonwealth Court of Pennsylvania.
October 19 -
New York City Comptroller Scott Stringer cited pension fund gains while challenger Michel Faulkner said the incumbent doesn't stand up to mayor Bill de Blasio's spending.
October 18 -
Senate consideration is next as Pennsylvania winds through the fourth month of its budget stalemate.
October 18 -
Moody's Investors Service placed 29 cities and school districts on review for downgrade.
October 17 -
S&P lowered its outlook to negative, citing constraints from the four-month impasse.
October 16 -
The short-term lifeline will enable the commonwealth to make Medicaid payments while it will lacks a revenue plan.
October 13 -
The commonwealth will also issue GANs and commonwealth transportation fund revenue bonds in November.
October 12 -
The Connecticut Education Association seeks an injunction, calling the governor's executive-order cuts illegal.
October 12 -
The mayor cited high reserves and bond ratings while challengers Nicole Malliotakis and Bo Dietl called his spending reckless.
October 11 -
The governor said the lease agreement could provide $200 million up front for the cash-strapped state.
October 10 -
The program to purchase and support affordable mortgages for New Yorkers will include an RBC unit and provisions for military veterans.
October 5 -
Lawmakers can't agree on how to fund the state budget, while the governor looks for a loan from the state liquor monopoly.
October 5 -
The governor said he would borrow against $1.25 billion in profits from the state liquor system.
October 4
