Scott Sowers

Overall rainy-day fund capacity for U.S. states fell in fiscal year 2025 for the first time since the World Financial Crisis as more states look at tapping reserves.

A fatal crash and closure at New York's LaGuardia Airport adds to the list of transportation hurdles that includes a jump in jet fuel prices, and travel delays due to a lapse in TSA funding.

As rising fuel prices make headlines, more states are eyeing suspending their gas tax rules while concerns rise about the beleaguered Highway Trust Fund.

The MINT Act, which would enable Federal Home Loan Bank members to issue tax exempt bonds is working its way through committees in both House and Senate.

Congressional leaders are plotting out plans to land the surface transportation reauthorization before a September deadline.

The Senate approved the ROAD to Housing Act which will raise the public welfare investment cap, a move that should increase bond issuance.

The Internal Revenue Service is proposing rule changes regarding the complex relationship between tax-exempt bonds, arbitrage and State and Local Government Series Securities.

As fuel prices ratchet up due to the Iran war, two states are already exploring suspending their fuel tax which would take a bite out of tax revenue and possibly lead to future bond sales.

The Government Finance Officers Association is providing comments on the U.S. Treasury Department's proposal to establish a new record keeping system for certain financial assistance programs.

The GASB is looking for comments on its upcoming technical agenda while rolling out a series of videos aimed at helping stakeholders understand government financial reports.

Washington D.C.'s Chief Financial Officer is backing the city's Attorney General in defying Congressional action aimed at preventing another tax policy decoupling from the One Big Beautiful Bill Act.

As the next surface transportation reauthorization bill takes form in Congress, the transit sector is making a case for its slice of the pie and expanding the use of private activity bonds.

Washington, D.C.'s Office of the Chief Financial Officer released a revenue report showing higher than expected tax revenues and a local economy that's struggling.

Native American Tribes get a step closer to issuing more tax-exempt bonds as a bipartisan bill that would boost tax parity moves forward in the House while serving as companion legislation to a Senate version.

Congressional leadership is dropping hints about the size, scope, and delivery dates of the surface transportation reauthorization bill that will supplant the Bipartisan Infrastructure Law.

U.S. Department of Transportation Secretary Sean Duffy doubled down on cutting DEI and climate change related policies amid conjecture about federal funding levels.

A bill that would change the rules for handling natural disasters is stalled in Congress as county governments grapple with the Federal Emergency Management Agency's regulations.

The National League of Cities and the National Association of Counties are teaming up with several other local government agencies lobbying Congress over infrastructure funding.

Financial advisory firm PFM is leveraging its modeling system Synario and partnering with DebtBook, a treasury market accounting software platform.

The Senate voted to disallow Washington D.C.'s attempt to decouple its tax policy from the One Big Beautiful Bill Act, as the city's mayor charts more budget challenges in the near future.