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 rating agency calls on the commonwealth to match recurring revenues with expenses.
September 25 -
Mitchell Katz will continue the reorganization plan for the beleaguered city unit, said the mayor.
September 25 -
Assured Guaranty and Build America Mutual presented city and state officials with an alternative to bankruptcy.
September 25 -
The Citizens Budget Commission in its FY17 progress report cited a drop in unique patients.
September 21 -
House Majority Leader Dave Reed blames 'a small group of unknown people' at S&P for the state's downgrade while the Senate rejects a House revenue plan.
September 21 -
Top Republicans say they will meet with Democratic Gov. Dannel Malloy, who vows to veto the GOP-backed budget.
September 21 -
The authority, which runs Greater Boston mass transit, intends to sell the bonds as part of a $574 million competitive sale.
September 20 -
S&P Global Ratings cited fiscal shakiness while Gov. Tom Wolf called for an end to the budget impasse.
September 20 -
While Mayor Luke Bronin awaits state aid from a fractious government, a bondholder call looms.
September 19 -
Gov. Tom Wolf has threatened further cuts without a balanced $32 billion fiscal 2018 budget.
September 18 -
Several Democrats broke with their party to pass a GOP budget that Gov. Dannel Malloy intends to veto.
September 18 -
As the capital city's bonds plunged deeper into junk, Connecticut struggled to pass a state budget.
September 15 -
The state awaits word on how Gov. Tom Wolf will handle the situation as bond rating agencies continue to hover.
September 15 -
A planned overnight short-notice vote failed to materialize amid continued tweaks.
September 15 -
The rating agency cautioned that rising pension costs and revenue restraints could pose challenges.
September 14 -
Continued lack of a budget will mean a spending freeze and further rating agency backlash.
September 13 -
The rating agency cited warnings by Mayor Luke Bronin that Connecticut's capital could go bankrupt in 60 days.
September 12 -
Bankruptcy may be the only way for Hartford to solve its financial problems, said Connecticut's governor, Dannel Malloy.
September 11 -
Gov. Tom Wolf has threatened a spending freeze and rating agencies have threatened more downgrades.
September 11 -
The capital city has threatened to file bankruptcy in 60 days if it doesn't get sufficient state help.
September 8
