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 rating agency delivered the latest coronavirus-related hit to the city's ratings by cutting its outlook. The city's GO bonds were affirmed at AA.
April 22 -
The state doesn't expect any short-term borrowing to cover the current fiscal year, Gov. Ned Lamont said.
April 21 -
Despite severe budget stress, the city and state can take some meaningful actions, such as reviving the restaurant industry, expanding the role of P3s and rebuilding multi-purpose infrastructure, analysts say.
April 21 -
Tom Kozlik from Hilltop Securities explores the effects of Washington variables such as political risk on states and localities. He also discusses rating agencies and muni disclosure. Paul Burton hosts.
April 21 -
Its series of responses provides a greater understanding of the city’s history, says NYU Wagner's Mitchell Moss.
April 17 -
The authority, which Moody’s dropped to A2 from A1, seeks a further $4 billion from Washington and has paused its capital program.
April 16 -
New York's mayor announced sharp cuts, a draw on reserves and a call for further assistance from Washington.
April 16 -
The pending deal with a Bank of America-led syndicate would enable the commonwealth to draw down needed finds while tax revenues are deferred.
April 15 -
Rachael Fauss of Reinvent Albany explores cash-flow remedies for the mass transit system amid the COVID-19 pandemic, including the Federal Reserve possibly buying MTA bonds. Other topics include data transparency. Paul Burton hosts.
April 14 -
Brodsky, who died of suspected complications from COVID-19, is remembered as a tenacious public official and a skilled debater.
April 9 -
The COVID-19 crisis has stretched many hospital groups, notably in Greater Boston, to their limits.
April 8 -
More federal rescue moves are necessary for the nation’s largest mass transit system, according to the advocacy group Reinvent Albany.
April 7 -
Lee Igel, a professor at New York University's Tisch Institute for Global Sport, examines the ripple-effect economic impact, tangible and psychological, of sports cancellations due to the coronavirus. Paul Burton hosts.
April 7 -
Gov. Ned Lamont said the federal rescue package will provide some flexibility even as state deficits mount.
April 6 -
The Ocean State activated a dormant disaster board for emergency borrowing, a tool not available for other states in the region.
April 3 -
The rating agency echoed others in citing the New York transportation system's hard fall since the coronavirus outbreak.
April 3 -
Negative outlooks trigger questions about other reeling areas in the capital markets crosshairs.
April 2 -
The worst is yet to come from the coronavirus pandemic, said the commonwealth's revenue secretary, Dan Hassell.
April 2 -
The rating agency expects a 'sudden and severe decline in the city's sales and income taxes' as a hit to the city's budget and economy from the coronavirus crisis.
April 1 -
The agency placed its ratings on the MTA’s Triborough Bridge and Tunnel Authority general revenue bonds and subordinate revenue bonds on watch-downgrade.
April 1
