Paul Burton

Gov. Andrew Cuomo’s call for New York City to pay much more toward the City University of New York system and Medicaid is a financial gut punch.

Rhode Island Senate Finance Committee Chairman Daniel Da Ponte filed a bill that would require a limit for total bonded debt for state government, quasi-public and municipalities.

Massachusetts celebrates and Connecticut winces as General Electric announces plans to move its world headquarters to Boston.

Alex Doñé will take on additional duties at the New York City comptroller’s Bureau of Asset Management while Michael Haddad will join it.

A report critical of Gov. Gina Raimondo's plan to toll trucks on Rhode Island's interstate highways stems from a trucking industry agenda, says a Raimondo spokeswoman.

Gov. Gina Raimondo’s plan to impose highway tolls on trucks in Rhode Island is based on faulty revenue projections, said a trucking industry-commissioned study.

Gov. Gina Raimondo named Richard Culatta, a former senior advisor to former U.S. Secretary of Education Arne Duncan, as Rhode Island’s first chief innovation officer.

Charles W. Hoppe, president of Long Island Rail Road from 1990 to 1994, died at age 80, officials from New York’s Metropolitan Transportation Authority announced.

Pennsylvania's interim budget reinforces the commonwealth's commitment to supporting full, timely payment of school district debt, Fitch Ratings says.

Former Rhode Island House finance committee chairman Steven Costantino is scheduled to testify before an oversight panel about his role in the passage of the job creation guaranty program that provided a $75 million loan to failed video game company 38 Studios.

David Friedfel, the former commissioner of management and budget for Albany County, N.Y., is the new director of state studies at the Citizens Budget Commission watchdog organization.

Winning the second annual Jim Lebenthal Infrastructure Champion Award is special for Dale Horowitz, who bonded with Lebenthal during their long municipal finance careers.

Gov. Andrew Cuomo announced a tech modernization program for the MTA, including expanded Wi-Fi hotspots, accelerating mobile payments and ticketing to replace the MetroCard.

Book author and state Representative John McGinnis says Pennsylvania lawmakers have it backwards when they treat pension bills as mere budgetary bargaining chips.

Moody's Investors Service upgraded UMass Memorial Health Care revenue bonds out of junk to Baa3 from Ba1, affecting $265 million of rated debt.

Calling for a massive overhaul of New York’s Penn Station was easy for Gov. Andrew Cuomo. Now come the questions.

In the latest twist to Pennsylvania's budget crisis, state Treasurer Timothy Reese extended a $2 billion line of credit to the commonwealth to prop up its its general fund balance.

Gov. Andrew Cuomo revived long-delayed plans to overhaul New York’s Pennsylvania Station, saying “big problems require big solutions.”

Pennsylvania phased out its 172-year-old capital stock and foreign franchise tax, with Gov. Tom Wolf calling it “an unfair tax on business” that he was committed to eliminating.

State Treasurer Seth Magaziner and revenue official Paul Dion will discuss tax credit programs before Rhode Island’s House Oversight Committee in its latest 38 Studios-related hearing.