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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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 -
Mayor Luke Bronin told Gov. Dannel Malloy and lawmakers that Chapter 9 for Connecticut's capital is inevitable if the state cannot pass a budget.
September 7 -
A Lackawanna County court has scheduled another hearing for Monday on a challenge to Scranton's ability to collect certain local taxes.
September 7 -
The Democratic mayoral candidates debated the city's resilience level as more hurricane activity looms.
September 7 -
Kevin Lembo says rating agencies are poised to hammer the state and its cities again.
September 5 -
Municipalities object to a report by Gov. Dannel Malloy's budget office that defends the level of state aid.
September 1 -
Challenger Nicole Malliotakis called the post-Sandy program “one of the monumental failures” of Bill de Blasio's administration
September 1 -
Joseph Lhota repeated his call for New York City to contribute to the triage plan.
August 31 -
The minor-league Pawtucket Red Sox want a new venue, which would involve city, state and team bonding.
August 30 -
Adequate funding for transit is a heightened focus, says Nick Sifuentes, the new chief of the Tri-State Transportation Campaign.
August 29 -
The plan would toll East River bridges and charge motorists within certain parts of Manhattan, with an eye on funding transit.
August 25 -
The mayor touted his millionaire's tax while his Democratic challenger backs congestion pricing.
August 24 -
The need to close a widening deficit and backstop Hartford could pressure other cities and school districts.
August 23 -
The rating agency cited the threat that the troubled city would lose tax revenue.
August 22 -
The state already has budget deficit two months into the fiscal year.
August 22 -
State officials say they won't permit unlimited short-term borrowing.
August 21
