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.”
- Rhode Island
The specter of another top taxpayer leaving Woonsocket, R.I., could be a credit negative for the city, said Moody's Investors Service.
By Paul BurtonNovember 22 -
Pennsylvania Gov. Tom Corbett still has unfinished financial business, but was able to bask in a rare win - passage of a $2.4 billion transportation bill.
By Paul BurtonNovember 22 - New York
New York City closed its $2 billion budget gap, Mayor Michael Bloomberg said Thursday afternoon in releasing his final quarterly budget.
By Paul BurtonNovember 21 -
Pennsylvania's House of Representatives was scheduled to debate a $2.4 billion transportation bill that Senate counterparts approved a day earlier.
By Paul BurtonNovember 21 - Rhode Island
Fitch Ratings revised its outlook on Pawtucket, R.I., general obligation bonds to positive while affirming its BBB-minus rating, barely above junk level.
By Paul BurtonNovember 19 - Connecticut
Connecticut budget chief Benjamin Barnes said the state is fiscally sound, despite projected deficits totaling $1.4 billion in fiscal years 2016 through 2018.
By Paul BurtonNovember 19 -
The Pennsylvania agency overseeing Harrisburg's financial recovery has petitioned a court to extend the term of city receiver William Lynch for two more years.
By Paul BurtonNovember 19 -
The improved forecast New York Metropolitan Transportation Authority revealed in its November financial plan is a credit positive, according to Moody's.
By Paul BurtonNovember 18 - Pennsylvania
Under the glare of bond rating agencies and banks, Scranton, Pa., Mayor Chris Doherty submitted a $130.2 million budget that closes a $20 million gap.
By Paul BurtonNovember 18 -
New York's MTA will receive $30.5 million for its capital program through the sale of Bronx property for a retail complex and possibly senior housing.
By Paul BurtonNovember 15 -
Bill de Blasio's budget proposal about a month into his tenure could provide a window to investors anxious to see how New York's new mayor will handle finances.
By Paul BurtonNovember 15 - Pennsylvania
The Philadelphia Mutual Analyst Society held its inaugural meeting Logan Square with goal of becoming a member of the National Federation of Municipal Analysts.
By Paul BurtonNovember 15 -
Rhode Island municipalities are shifting retirees onto new health-care exchanges, reducing benefits and raising employee co-pays to curb soaring costs, Moody's said in a report.
By Paul BurtonNovember 14 - New York
The New York City Municipal Water Finance Authority sold $397 million of second resolution, fixed-rate, tax-exempt new money bonds on Tuesday.
By Paul BurtonNovember 13 -
New York's MTA intends to cut nearly in half the size of its planned fare and toll increases for 2015 and 2017, chief financial officer Robert Foran said.
By Paul BurtonNovember 13 -
The Harrisburg City Council OK'd a $270 million parking-asset lease that is one of two lynchpins to the financial recovery plan in Pennsylvania's capital city.
By Paul BurtonNovember 13 -
Scranton., Pa., risks default as it faces a $20 million budget gap and a further $28 million to settle a pension award with a Friday deadline to introduce its budget, according to Moody's.
By Paul BurtonNovember 11 -
The Port Authority of New York and New Jersey reached a financial closing on a $1.5 billion P3 to replace the Goethals Bridge with a cable stayed design bridge.
By Paul BurtonNovember 8 - Connecticut
By most measures the wealthiest of states, Connecticut has faced big economic challenges post-recession, Janney Capital Markets said in a report on the state's debt.
By Paul BurtonNovember 8 - New York
The New York City Municipal Water Finance Authority intends to sell $375 million of new money bonds on Wednesday, after a one-day retail order period.
By Paul BurtonNovember 8







