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.”
- Massachusetts
Possible voter repeal of a three-year-old law authorizing casinos adds another wacky element to the Massachusetts gambling licensing process and could blow a $73 million hole in the commonwealth's budget.
By Paul BurtonJuly 3 -
New York's Metropolitan Transportation and a consortium of eight Long island Rail Road unions are scheduled to meet before the National Mediation Board.
By Paul BurtonJuly 2 -
Keolis, 70%-owned by the French national railway SNCF, assumed Massachusetts Bay Transportation Authority commuter rail operations.
By Paul BurtonJuly 1 -
The managing directors of PFM Group Inc. closed on a capital transaction in which they own all the equity of Philadelphia consulting firm as of June 30.
By Paul BurtonJuly 1 - Pennsylvania
Pennsylvania lawmakers remained stalled over pension overhaul, for which Gov. Tom Corbett is pushing for passage.
By Paul BurtonJuly 1 - Pennsylvania
Pennsylvanias Senate on Monday afternoon was scheduled to resume debate over the House-approved $29.1 billion budget bill, amid a call for pension change by Gov. Tom Corbett.
By Paul BurtonJune 30 -
Moses Afonso Ryan agreed to pay $4.37 million to settle with Rhode Island over the state's lawsuit for its role as a 38 Studios bond deal advisor.
By Paul BurtonJune 30 -
James Diossa, 29, is the new face of Central Falls as the 19,000-population Rhode Island city recovers from bankruptcy.
By Paul BurtonJune 30 - New York
Formalizing an agreement brokered last week with Mayor Bill de Blasio, the New York City Council approved a $75 billion municipal budget for fiscal 2015.
By Paul BurtonJune 26 - Pennsylvania
Senate wrangling is next after Pennsylvania's House passed a $29.1 billion budget for fiscal 2015.
By Paul BurtonJune 26 - Rhode Island
Former Providence, R.I., Mayor Buddy Cianci, who served five years for racketeering, said he will launch a third effort to reclaim City Hall.
By Paul BurtonJune 25 -
New York's MTA would draw down an additional $40 million annually in pay-as-you-go funding under its offer to LIRR unions, chairman Thomas Prendergast said.
By Paul BurtonJune 25 - Pennsylvania
Pennsylvania's proposed $29.1 billion budget is headed to the House floor after its appropriations committee approved it.
By Paul BurtonJune 25 - Rhode Island
Fitch Ratings, countering a state-sponsored report, said a failure by Rhode Island to pay 38 Studios moral obligation bonds not drag Rhode Island's GOs to junk level.
By Paul BurtonJune 25 -
Former U.S. Transportation Secretary Ray LaHood and former FAA chief Jane Garvey will chair an advisory commission that will study the challenges of New York's MTA.
By Paul BurtonJune 25 -
New York's MTA revised its offer to the Long Island Rail Road workers in an attempt to avoid a strike, offering 17% pay increases over seven years, including a retroactive period
By Paul BurtonJune 24 - Rhode Island
Public Financial Management Inc. points to municipal clients that have avoided state oversight, some receiving bond-rating upgrades, as signs of progress in its nearly three years in Rhode Island.
By Paul BurtonJune 24 -
An upgrade from S&P helped generate $396 million worth of transportation revenue bond retail orders, according to New York's Metropolitan Transportation Authority.
By Paul BurtonJune 24 - Rhode Island
Moody's upgraded formerly bankrupt Central Falls, R.I., to Ba3 from B1 and changed the city's outlook to stable from positive.
By Paul BurtonJune 23 -
New York's MTA is weighing a proposal for a 16,000-square foot eatery at Grand Central Terminal's Vanderbilt Hall, operated by restaurateur Claus Meyer.
By Paul BurtonJune 23




