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.”
- New York
The New York City Transitional Finance Authority intends to sell $800 million of future tax secured subordinate bonds Wednesday, June 12, after a two-day retail order period.
By Paul BurtonJune 5 -
Three of the seven members of the municipal research team at Bank of America Merrill Lynch are leaving the firm amid a reorganization.
By Paul BurtonJune 4 - Pennsylvania
Pennsylvania's $28.3 billion budget is headed for floor debate in the House after its appropriations committee approved it by a party-line 21-14 vote.
By Paul BurtonJune 4 - Connecticut
Connecticut's $37.6 billion budget is en route to Gov. Dannel Malloy after the state Senate on Monday night approved the biennial spending plan by a 19-17 vote.
By Paul BurtonJune 4 -
Muni finance expert Matt Fabian of Municipal Market Advisors will speak before a Rhode Island House panel about the pros and cons of paying moral obligation bonds for 38 Studios.
By Paul BurtonJune 4 -
Pittsburgh officials want Pennsylvania to remove the "distressed" tag and are tired of waiting for the Department of Community and Economic Development to act.
By Paul BurtonJune 3 -
John Hallacy, a 35-year industry veteran, is retiring as head of municipals research at Bank of America Merrill Lynch, he confirmed late Monday.
By Paul BurtonJune 3 - Connecticut
Connecticut's Senate was to debate a proposed two-year $37.5 billion budget after bleary-eyed House members approved its plan right before sunrise on Sunday.
By Paul BurtonJune 3 - Rhode Island
A bill to establish a municipal advisory council on statewide permitting to increase feedback from cities and towns won approval in the Rhode Island Senate with a 37-to-0 vote.
By Paul BurtonMay 31 - Pennsylvania
A state Senate panel began a series of public hearings throughout Pennsylvania on the future of its cities, large and small.
By Paul BurtonMay 31 -
KidsPeace Children's Hospital of Schnecksville, Pa., looking to pare bond debt from $51.3 million to $24 million, filed a voluntary Chapter 11 bankruptcy petition.
By Paul BurtonMay 31 -
Standard & Poor's revised its outlook to positive from stable and affirmed its AA long-term rating and AA/A-1-plus rating on University of Pittsburgh debt.
By Paul BurtonMay 31 - Connecticut
Standard & Poor's raised its long-term rating and underlying rating on Preston, Conn.'s general obligation bonds to AA-minus from A-plus.
By Paul BurtonMay 31 - Rhode Island
It's official: Rhode Island Gov. Lincoln Chafee is a Democrat. His second affiliation switch in six years could trigger an intriguing three-way primary in 2014.
By Paul BurtonMay 30 - Massachusetts
Massachusetts' $1.1 billion general obligation bond sale will include $100 million "green bonds" for environmentally sensitive infrastructure projects.
By Paul BurtonMay 30 - Rhode Island
Rhode Island Gov. Lincoln Chafee will join the Democratic Party on Thursday, a spokesman confirmed.
By Paul BurtonMay 29 -
A federal court in Rhode Island denied a request from three communities for a temporary restraining order against tolls on the Sakonnet River Bridge.
By Paul BurtonMay 29 -
New York's MTA will begin its $500 million sale of Series 2013C transportation revenue bonds with a retail order period Wednesday, with JPMorgan as lead manager.
By Paul BurtonMay 28 -
Rhode Island's Pension Study Commission has summoned Coventry officials, who say they have no obligation to replenish an employee pension fund should it go broke.
By Paul BurtonMay 24 - Massachusetts
Timothy Murray will resign as Massachusetts lieutenant governor to become chief executive of the Worcester Regional Chamber of Commerce, he said Wednesday.
By Paul BurtonMay 22