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 Port Authority of New York and New Jersey’s Board of Commissioners on Thursday confirmed New York Gov. Andrew Cuomo’s nomination of Patrick Foye as executive director.
By Paul BurtonOctober 20 -
Pennsylvania's House Wednesday passed a bill that would allow Gov. Tom Corbett to declare a state of fiscal emergency in the capital, Harrisburg, and appoint a receiver to run its finances.
By Paul BurtonOctober 19 - New Hampshire
New Hampshire plans to sell $100 million of general obligation capital improvement bonds Thursday through competitive bid.
By Paul BurtonOctober 19 -
Pennsylvania's Senate on Tuesday afternoon approved a bill to put its capital, Harrisburg, into receivership.
By Paul BurtonOctober 18 - Rhode Island
Rhode Island's General Assembly was scheduled to meet late Tuesday afternoon in special session to consider overhauling the state's pension system.
By Paul BurtonOctober 18 -
Connecticut will receive a credit of about $900,000 from the three major rating agencies as part of a settlement from a lawsuit it initiated, accusing the three of unfairly lowering ratings.
By Paul BurtonOctober 18 -
A judge on Monday placed the Chapter 9 bankruptcy filing by Harrisburg's City Council on hold for a month, while a few blocks away in Pennsylvania's capital, lawmakers continued their push for a state takeover of the struggling city.
By Paul BurtonOctober 17 -
The Hudson Yards Infrastructure Corp. plans a $1 billion sale of senior revenue bonds through negotiated bid Wednesday after a one-day retail period, primarily to fund the extension of New York City's No. 7 subway line.
By Paul BurtonOctober 17 -
In 2003, the City Council in Harrisburg, Pa., voted 6 to 1 for a $125 million loan to fix up its local incinerator, formally known as the Resource Recovery Facility.
By Paul BurtonOctober 14 - Rhode Island
A $50 million housing issue that voters approved in 2006 has led to the development of more than 1,200 homes in Rhode Island, an advocacy group said.
By Paul BurtonOctober 14 - Pennsylvania
After four years on the market, Philadelphia’s Please Touch Museum sold its old building near the Franklin Institute to the Isen Trust.
By Paul BurtonOctober 14 - Pennsylvania
Pennsylvania collected $2.3 billion in general fund revenue in September, which was $151.8 million, or 6.1%, less than expected, Secretary of Revenue Daniel Meuser reported.
By Paul BurtonOctober 14 - Pennsylvania
The Pennsylvania State Employees’ Retirement System has replaced two firms that had advised it in buying private stock, bond, hedge fund, and venture capital investment since the 1990s, the Philadelphia Inquirer reported.
By Paul BurtonOctober 14 -
Pennsylvania Gov. Tom Corbett appointed Charles Kopp, Boise Butler 3d, John Soroko and James Shacklett 3d to four-year terms on the Philadelphia Regional Port Authority.
By Paul BurtonOctober 14 -
President Obama approved New York State’s request to expedite the review and approval process to allow work to begin on the replacement of the Tappan Zee Bridge between Westchester and Rockland counties.
By Paul BurtonOctober 14 -
The New York City Transitional Finance Authority sold $758 million of future tax-secured, fixed-rate subordinate bonds last week by negotiated sale.
By Paul BurtonOctober 14 - Massachusetts
The Massachusetts Pension Reserves Investment Management Board approved a plan aimed at increasing investments with smaller money-management firms.
By Paul BurtonOctober 14 -
Connecticut Gov. Dannel Malloy announced the award of $5 million to 11 cities, towns, and regional planning organizations for transit-oriented development aimed at improving links between communities and their transportation infrastructure.
By Paul BurtonOctober 14 -
The City Council votes by a narrow majority to file for bankruptcy. The mayor opposes the filing, as does the city solicitor. The state has a bankruptcy restriction in place — which opponents say is too loosely written — and will likely pass a bill next week bill authorizing a takeover of its capital city.
By Paul BurtonOctober 13 -
U.S. public finance issuers, especially in the Northeast, have survived the initial effects of Hurricane Irene and Tropical Storm Lee, Moody's Investors Service reported, though many local governments may face further challenges as they sift through the damage.
By Paul BurtonOctober 13

