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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The mass transit agency, its finances reeling from the coronavirus, rejected bids from 10 different banks and sold $451 million of notes to the Municipal Liquidity Facility.
August 19 -
The level of Washington aid is but one yardstick for the fiscal soundness of the city-owned system, says the watchdog Independent Budget Office.
August 18 -
Alan Rubin, co-head of Blank Rome's severe weather emergency recovery team, examines how states and cities can better prepare for catastrophes. Northeast Regional Editor Paul Burton hosts. Recorded Aug. 12. (16 minutes)
August 18 -
Slow utility responses triggered legal action and calls for changes ranging from carrot-and-stick contracting agreements to a municipal takeover of Con Edison.
August 14 -
It's still insufficient for New York’s Metropolitan Transportation Authority and other struggling issuers, according to Reinvent Albany.
August 14 -
The move will enhance economic recovery from the coronavirus, the rating agency said.
August 12 -
They cited recent waves of COVID-19 in rural and farmland areas and the success of mass transit overseas at containing the spread.
August 12 -
Nick Sifuentes, executive director of the Tri-State Transportation Campaign, discusses the unparalleled crisis mass transit systems face nationwide due to the coronavirus. Paul Burton and Andrew Coen host. (19 min)
August 11 -
Minority and women-owned business enterprises will now comprise 33% of city GO bond and Transitional Finance Authority book-runners and 40% for New York Water.
August 10 -
Failure to aid one could hurt the others, according to the state comptroller's review of the city's financial plan.
August 5 -
House Speaker Nicholas Mattiello has filed bills calling for a referendum on boosting the state's reserve balance to 10% of annual general revenue over a decade.
August 4 -
As the Metropolitan Transportation Authority lines up two note sales, the rating agency said the authority could tap into the Federal Reserve’s Municipal Liquidity Facility.
August 4 -
Kathy Wylde, president of the Partnership for New York City, charts a path for restarting the city's economy, including a digital buildup and public-private partnerships. Paul Burton hosts.
August 4 -
A new tax credit, a grand jury report, national election-year politics and regional bickering have revived debate over natural gas drilling.
July 31 -
Metropolitan Transportation Authority Chairman Patrick Foye called mass transit "the circulatory system of the nation."
July 29 -
The Smart Plan received the leadership recognition award from the National Association of Government Defined Contribution Administrators.
July 29 -
Tom Kozlik of Hilltop Securities explains why meaningful federal coronavirus assistance to states and cities is no slam dunk. Paul Burton hosts. Recorded July 21.
July 28 -
Even with more federal rescue aid, which is hardly a given, the Metropolitan Transportation Authority may have to resort to deficit borrowing.
July 23 -
The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.
July 22 -
The pandemic has magnified the woes of New York City’s public hospital system — long a problem unit — the comptroller said.
July 21
