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 state's highest court rejected a ballot question that would have asked voters to raise the state income tax on the commonwealth's top earners.
June 18 -
State officials intend to come to market with $225 million of Commonwealth Transportation Fund revenue bonds.
June 18 -
A federal judge granted a motion by Ed Pawlowski's defense attorney for a 60-day extension.
June 15 -
The state Supreme Court's reaffirmation of a 2015 pension overhaul settlement is credit positive for Rhode Island, according to Moody's.
June 14 -
Mayor Bill de Blasio and the City Council face a raft of uncertainties about their third straight early budget.
June 13 -
The handshake deal boosts reserves, funds a "fair fares" discount for low-income subway riders for one year and provides Fair Student Funding for city schools.
June 12 -
Branches in every borough struggle to stay open due to broken boilers, leaky roofs and other serious maintenance problems, said the Center for an Urban Future.
June 11 -
Fiscal restraints under a new bond covenant contributed to strong demand for a state GO sale, said state Treasurer Denise Nappier.
June 11 -
Funding questions and palace intrigue accompany Andy Byford's plan to modernize New York City's buses and subways.
June 8 -
The New York City Housing Development Corp. intends to issue up to $838 million in in multi-family housing revenue bonds and provide $321 million in additional financing for affordable developments.
June 8 -
Sean Crawford, who arrived from New York MTA, resigned 10 days into the job.
June 7 -
Diverging economies and operating predictability shape the differences between the New England neighbors, said S&P.
June 6 -
Spending restrictions attached to a $500 million GO sale have triggered discussion over their effects on the state’s wobbly ratings.
June 4 -
Rep. Mike Tobash and Treasurer Joe Torsella chair a panel that will seek a combined $3 billion in savings for the state's two top pension plans.
May 31 -
New York City Health + Hospitals chief Mitchell Katz must navigate fiscal and political land mines as he sets out to fix a notoriously troubled unit.
May 31 -
Council members questioned whether the "historic" levels of reserves in the mayor's $89.1 billion executive budget are really enough.
May 25 -
The strategy could save the commonwealth roughly $300 million when compounded over 20 years, said state Treasurer Joe Torsella.
May 24 -
The covenant commits the state to four financial-restraint measures that lawmakers passed.
May 24 -
Officials say the cost estimate for what New York City Transit president Andy Byford called "a full overhaul" is a work in progress.
May 23 -
They seek damages damages from a litany of professional firms over the capital city's plunge to near bankruptcy.
May 21
