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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Roddy Devlin, a partner at Nixon Peabody, explores President Biden's $2.3 trillion bill, which he says "dwarfs anything we've seen for decades." Paul Burton hosts. (23 minutes)
April 13 -
While state budget language restricts the governor's use of $1.3 billion of bonding, he has other options as transit advocacy groups push back.
April 12 -
Buoyed by a ratings upgrade from Moody's, the state still faces challenges including high debt and legacy costs.
April 9 -
Business leaders and budget watchdogs ask whether the $212 billion spending plan would set up the state and its anchor city for a fall.
April 7 -
Still, Moody's on Tuesday revised its outlook on the New York MTA's primary transportation revenue bond credit to stable from negative while affirming its A3 rating.
April 6 -
Top lawmakers bought time amid pressure from unions and progressive legislators.
April 6 -
Lawmakers packaged revenue, social justice and market positioning while flexing political muscle when they voted to legalize marijuana.
April 1 -
Moody's elevated the state's GOs to Aa3 from A1, citing a commitment to boosting rainy-day balances and sound governance during the pandemic.
April 1 -
MTA and regional transportation advocates welcome the news that the Federal Highway Administration is advancing the project.
March 31 -
Officials cited borrowing flexibility before a joint meeting of the transit authority's oversight board and the Massachusetts Department of Transportation.
March 30 -
Sam Turvey of ReThinkNYC explores ways to make New York's Pennsylvania Station complex more functional and aesthetic. Paul Burton hosts (17 minutes).
March 30 -
Gov. Tom Wolf said the tax has become unreliable for funding the commonwealth's vast network.
March 26 -
A formula revision will boost funding for local governments most in need under the state's payment in lieu of taxes program.
March 25 -
Under the Transit Tech Lab accelerator program, companies can pilot their technologies with several New York region transportation agencies.
March 24 -
The change represents a doubling of related investments, Mayor Bill de Blasio and Comptroller Scott Stringer announced.
March 23 -
Alan Rubin of Blank Rome Government Relations examines the Texas grid fiasco and resilience concerns nationally, including California and the Northeast. Paul Burton hosts. (17 minutes)
March 23 -
An agreement between Gov. Ned Lamont and Connecticut tribal nations opens the door for the state to compete with its Northeast neighbors.
March 22 -
The suburban New York county will go to market next month armed with a positive outlook from the rating agency, its first movement on the county since 2012.
March 22 -
Dynamics at play in New Jersey include the pandemic, an election year, massive borrowing, significant federal aid and a major pension liability problem.
March 19 -
The funding also means the use of state-authorized lockbox funds from Internet sales and mansion taxes to prop up the operating budget is no longer necessary, which allows the agency to issue MTA bonds in 2021, to advance the 2020 to 2024 capital program.
March 18
