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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A federal judge ordered former Rhode Island House Speaker Gordon Fox to three years for stealing $108,000 of campaign donations, accepting a $52,000 bribe and filing false tax returns
June 11 - Connecticut
Budget friction lingers in Connecticut, where fallout includes threats by GE and Aetna to relocate over business tax hikes.
June 11 -
Rhode Island lawmakers must approve now that Superior Court Judge Sarah Taft-Cater signed off on a class-action settlement in the lawsuit over the state's 2011 law that overhauled pension benefits.
June 10 -
Rhode Island Superior Court Judge Sarah Taft-Cater late Tuesday signed off on a class-action settlement in the lawsuit over the states 2011 law that overhauled pension benefits.
June 9 - Pennsylvania
The Pennsylvania Senate confirmed Gov. Tom Wolfs confirmation of Robin Wiessmann as secretary of banking and securities.
June 9 - New York
The New York City Transitional Finance Authority intends to sell $750 million of tax-exempt, fixed rate, new money bonds on June 17 after a two-day retail order period.
June 9 - New York
New York City should continue to build up its budgetary cushion to protect against further economic downturns or natural disasters, Comptroller Scott Stringer told a City Council committee.
June 9 - Massachusetts
Transparency following an unusually harsh winter and amid other challenges sends an important message to bond rating agencies, said Massachusetts Treasurer Deborah Goldberg.
June 9 -
New YorkNew York City is projecting a surplus of $3 billion for fiscal 2015 and a balanced budget for fiscal 2016, said state Comptroller Thomas DiNapoli.
June 8 - New York
The New York City Housing Development Corp. board approves a $680 million inaugural sustainable neighborhood bond transaction, expected to price next week.
June 8 -
Massachusetts Gov. Charlie Baker announced a five-year, $82.7 million resiliency plan for the MBTA after a winter that paralyzed the transit system.
June 5 -
PennsylvaniaPassing poor legislation and calling it pension reform will backfire on Pennsylvania if it does not change the underlying actuarial math, an actuary told state lawmakers.
June 4 -
Former Harrisburg, Pa., Mayor Stephen Reed, one day after agents raided his home, told reporters he has Stage 4 prostate cancer.
June 4 - Connecticut
Connecticut's lawmakers, like students cramming for final exams, approved a two-year, $40.3 billion budget at 11:30 p.m. and on the heels of an all-nighter.
June 4 - Pennsylvania
Pennsylvania's local pension problems extend well beyond poster-child Scranton, said state Auditor General Eugene DePasquale.
June 3 -
Agents representing Pennsylvanias Attorney General Kathleen Kanes office raided the Harrisburg home of its former mayor, Stephen Reed.
June 3 -
Carmen Bianco will retire later this year as president of New York City Transit, the Metropolitan Transportation Authority announced June 2.
June 2 -
ConnecticutConnecticut's full legislature is set to vote on a $40 billion biennial budget after lawmakers struck a tentative deal with Gov. Dannel Malloy over the weekend.
June 2 -
Newly discovered meeting tapes may shed additional light on Scrantons 2002 pension incentive, said Pennsylvania Auditor General Eugene DePasquale.
June 2 -
PennsylvaniaWith Pennsylvanias bond rating at stake, lawmakers and officials this week resume the compelling debate over state and local unfunded pension liabilities.
June 2
