Paul Burton

In the latest bizarre turn to Pennsylvania's budget drama, the Senate sends Gov. Tom Wolf a trimmer, House-favored $30.3 billion spending plan.

Pennsylvania’s House, after an afternoon of parliamentary back-and-forth, moved toward a vote on the full $30.8 billion budget framework on which Gov. Tom Wolf and Senate leaders agreed.

Standard & Poor's revised its outlook to stable from positive for Wilkes-Barre, Pa.’s GO bonds, citing weaker liquidity.

New York City will end the fiscal year with a $963 million surplus, or $828 million more than Mayor Bill de Blasio's estimate, said the watchdog Independent Budget Office.

The Connecticut Housing Finance Authority issued more than $400 million of bonds in 2015, including a $30 million sale in December backed by strong retail demand.

An emphatic weekend rejection of a pension-overhaul bill seen as pivotal to a budget compromise sent Pennsylvania's legislative leaders scurrying again.

Pennsylvania House Republican leaders told Gov. Tom Wolf they would push his budgetary tax package to the floor if he can show he has a majority of votes.

New York MTA approves its $15 billion operating budget in a warmup act for another capital program battle with Albany.

New York City Comptroller Scott Stringer’s latest call for change in the city’s $163 billion pension-fund system is for divestiture from coal.

Connecticut should phase in a reduction of its investment return assumption from 8% to 7% to conform “more realistically” to capital markets expectations, said state Treasurer Denise Nappier.

The AFL-CIO Housing Investment Trust announced a partnership to invest up to $300 million in Metro New York affordable housing, community centers and care facilities.

New York MTA officials is looking to go green, and they don’t mean the map colors of the Lexington Avenue subway line.

In the latest Pennsylvania budget-impasse domino to fall, S&P withdrew its ratings based on the commonwealth’s school district state aid intercept program.

SUNY Chancellor Nancy Zimpher is making an impassioned pitch for more funding while challenging the system from within.

The Massachusetts Bay Transportation Authority on Thursday terminated some contracts related to its 4.5-mile expansion of its Green Line light rail system north of Boston.

Pennsylvania’s House approved a state budget that stands in slight contrast with the Senate version as lawmakers look to end a budget stalemate in its sixth month.

The Pennsylvania Senate passed a $30.8 billion spending plan though without a tax package. Whether the House can agree to end a six-month stalemate is up in the air

New York’s MTA says it has substantially completed two significant contracts on East Side Access, the megaproject intended to bring LIRR service to Grand Central Terminal.

The Massachusetts Pension Reserves Investment Management Board and two of its executives earned top honors for innovation from Asset International-CIO.

Connecticut Gov. Dannel Malloy announced an agreement with Amtrak to complete Hartford line commuter rail service between New Haven and Springfield.