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.”
-
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 -
The plunge of the financial markets amid COVID-19 stands to push up pension costs — and budget strain — for the city.
March 31 -
Nicole Gelinas from the Manhattan Institute discusses the economic blows to New York City and the MTA from the pandemic, and options available. Paul Burton hosts the program, recorded one week ago.
March 31 -
Bond-financed student housing was already facing headwinds when the COVID-19 crisis sent most tenants home.
March 30 -
He is maintaining his full schedule and working at home, authority officials said.
March 30 -
An obscure board authorized in 1973 and categorized as "military affairs and defense" approved Gov. Gina Raimondo's request despite questions about constitutionality.
March 27 -
Gov. Ned Lamont repeated his call amid more deaths from COVID-19 and a budget-deficit forecast that doubled over two months.
March 27 -
Ratings for convention center financings and for hotels build to support the venues are under pressure.
March 26 -
The Disaster Emergency Funding Board, authorized in 1973, will consider Gov. Gina Raimondo's request for up to $300 million short term borrowing.
March 25 -
The rating agency, citing severe ridership drops from COVID-19, dropped its rating to A-minus from A. It assigns a negative outlook.
March 25 -
Two baseball stadiums and a basketball arena face cash-flow hits from the COVID-19 pandemic.
March 24 -
The mayor cited COVID-19 as a spending priority while cases in his city represent more than one-third of the nation's total.
March 24 -
New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.
March 24 -
The comptroller called for passage of a federal rescue bill and measures to shore up the city budget.
March 23 -
The Medicaid Redesign Team would pare spending on state hospitals by nearly $400 million and projects $1.6 billion in savings overall.
March 20 -
The authority, which tapped its $1 billion credit line and received a warning shot from Moody's, says COVID-19 is a disaster that requires a national response.
March 20
